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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...
Victoria, BC Welder Launches New Business with $18,000+ in Grants

Victoria, BC Welder Launches New Business with $18,000+ in Grants

Chance encounter leads to chance to become self-employed After two years in college focusing on holistic nutrition and vitamin therapy, Theresa Siochowicz was armed with a crisp new diploma. However, she quickly... View Details
QC Fashion Website Walks the Runway with $9,000 Government Grant

QC Fashion Website Walks the Runway with $9,000 Government Grant

Government funding helps feed fashion frenzy for small business A recent graduate with a background in advertising, Rachel Machalani has possessed a desire to start a small business of her own for as long as she can... View Details

Below are the latest small business financing news as of Friday, Sep 30, 2016
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