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Q.

Can I receive a small business loan without placing a down payment on the loan?

A.
Yes. It is possible to receive a small business loan without placing a down payment on the loan. Government programs such as the Canada Small Business Financing (CSBF) Program provide sponsored loans programs to help people like you who may not have enough money to place a down payment for a loan. Loans are given out for 10,000 small businesses yearly, providing $10,000 for each business on average. Because this loans program is designed to help small businesses who do not have a lot of financial backing, no down payment is required when the loan is granted. Ask about it at the Centre for Small Business Financing, 1-866-682-7580.
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Find out how these Canadian small businesses did it...
$15,000 Backed by Government Loan Helps Vancouver Martial Arts Academy with Renovations

$15,000 Backed by Government Loan Helps Vancouver Martial Arts Academy with Renovations

Backed by government loan money can chop through small business grief Focus, discipline, firmness, the drive to excel, and the willingness to learn from a master are all qualities found in the martial arts. They've also... View Details
$100,000 in Canadian Government Funding Assists Kelowna, BC Indie Production Company

$100,000 in Canadian Government Funding Assists Kelowna, BC Indie Production Company

Government funding aids with Canadian and Aboriginal content Brenda Chambers had been a television producer for nearly two decades when she decided starting a small business of her own was the thing to do. As anyone in... View Details

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