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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...
Portage La Prairie, MB Spa and Wellness Centre gets $386,000 Government Grant

Portage La Prairie, MB Spa and Wellness Centre gets $386,000 Government Grant

Helping others comes naturally to entrepreneur thanks to grant Tonya Lowther says she was born into natural medicine. "I came from a family that was very interested in the field," she says of her youth in the Vancouver... View Details
BC Music Instruction and Recording Studio Expands with $45,000 Government Loan

BC Music Instruction and Recording Studio Expands with $45,000 Government Loan

The Music Room in Powell River, B.C. started small, says Jenny Garden. "It was really modest beginnings," she says. "We just wanted to see if there was a market for it here. So we set up a little studio in the house we... View Details

Below are the latest small business financing news as of Thursday, Oct 30, 2014
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