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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Small Business Loan Without Down Payment

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Find out how these Canadian small businesses did it...
St John's, Newfoundland Printer Receives $98,100 Loan

St John's, Newfoundland Printer Receives $98,100 Loan

Small business growth is possible thanks to interest-free government money E.C. Boone Ltd. of St. John's, Newfoundland received a $98,100 interest-free loan from the federal government's Atlantic Canada Opportunities Agency (ACOA) to purchase a screen printing press and grow... View Details
Calgary Jewellery Designer Boosts Inventory with $30,000 in Government Funding

Calgary Jewellery Designer Boosts Inventory with $30,000 in Government Funding

Anne Corpuz-Bacalso is a designer and supplier of high quality, luxurious fashion jewelry based out of Calgary, Alberta. With her sister handling the manufacturing side of things back in their home country of the... View Details

Below are the latest small business financing news as of Tuesday, Jul 22, 2014