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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, 1-866-682-2402.
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Find out how these Canadian small businesses did it...
$54,000 Government Backed Loan all Gravy for Newmarket Meat Pie Manufacturer

$54,000 Government Backed Loan all Gravy for Newmarket Meat Pie Manufacturer

Government loans or grants may add more meat to your business, too The recent funding success of the Original Rosedale Pie Company in Newmarket, Ontario is a bittersweet tale, one which husband and wife team Tim and... View Details
BC Motorcycle School Really Rolling Thanks to Government Support via Training

BC Motorcycle School Really Rolling Thanks to Government Support via Training

Government Support helps BC entrepreneur keep both wheels on the road The first toy Randy Cook can recall playing with as a child was a toy motorcycle. Forty-eight years later, he has a fleet of them, and he rides... View Details

Below are the latest small business financing news as of Thursday, Feb 23, 2017
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