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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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$15,423 Government Loan Lets Apparel Maker's Small Business in Bowmanville, ON Grow

Small business growth sometimes needs government funding to grow Ken Nesbitt is all too familiar with the old paradox. “When a small business is growing, there’s always a lack of cash,” he told the writers of Lending a... View Details
$224,000 Government Funding Backing Transforms Moose Jaw, SK Tourism Attraction

$224,000 Government Funding Backing Transforms Moose Jaw, SK Tourism Attraction

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