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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...
ON Business Kept Afloat with $2,400 Government Grant

ON Business Kept Afloat with $2,400 Government Grant

Government grant funding helps young entrepreneur sail towards success Most parents have to struggle to get their teenage children to look for work, but not Michael Thompson. Thompsonís 18-year-old daughter, Charlotte, came to him with an idea for an Ontario small business they... View Details
Cambridge, ON Start Up takes on Agri-Business Giants with $44,570 in Grants and Loans

Cambridge, ON Start Up takes on Agri-Business Giants with $44,570 in Grants and Loans

Small business puts bacteria to good use with help from federal government grants and loans A young, small company based in a Cambridge, Ontario industrial park is taking on the giants of the agri-business with a vital... View Details

Below are the latest small business financing news as of Thursday, Jun 29, 2017
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