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Q.

Is the government grants never payback rule in place for small businesses?

A.
The government grants never payback option may be available through the Canadian government grants and loans programs for small businesses. Most of the funding the government is giving out by way of grants for small business funding means there is no requirement for payback. In the case of a small business loan the terms are different however. For the government grants never payback option, one would have to apply for a grant for their particular business that would best suit their needs. The Centre for Small Business Financing has advisers that are advisers in this field and we would be happy to give you some guidance. We can be reached at 1-866-682-7580.
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Government Grants Never Pay Back

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Find out how these Canadian small businesses did it...
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Moncton, NB Student Turns Part-Time Job Idea into Full-Time Success with $15,000 Loan

From basic start up to big business thanks to government-backed loan Ken LeBlanc was looking for a way to supplement his income while he studied business at Atlantic Baptist University in Moncton, New Brunswick. At 29,... View Details
Government Tax Breaks for Small Business Compute for Ontario Entrepreneur

Government Tax Breaks for Small Business Compute for Ontario Entrepreneur

More to financial assistance than government grants and loans It is a lucky entrepreneur who is presented with the opportunity to turn their passion into a business, but that's what happened to Darryl Anderson. Upon... View Details

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