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  2. Federal financing for small businesses in Canada - Wikipedia

    en.wikipedia.org/wiki/Federal_financing_for...

    Unlike most bank loans to small businesses, government loans may be unsecured. Loan guarantees – Under the Canadian Small Business Financing Act, [1] the federal government may guarantee a financial institution's loan to a small business, to a maximum of 85 percent. If the borrower defaults on a loan, the bank is protected, and therefore more ...

  3. Canada Digital Adoption Program - Wikipedia

    en.wikipedia.org/wiki/Canada_Digital_Adoption...

    Once the DAP is approved, the qualified businesses can apply for a no-interest loan of up to CA$100,000. To qualify, businesses must be for-profit SMBs with at least one employee, committed to digital adoption, and incorporated in Canada. [4] In February 2024, ISED stopped the program by calling it "fully subscribed". [5]

  4. Payroll loans: What to know

    www.aol.com/finance/payroll-loans-know-154028621...

    The government and Small Business Administration offered guaranteed Paycheck Protection Program (PPP) loans during COVID-19 that were forgiven if businesses maintained their employees on payroll ...

  5. How to get funding to start a business - AOL

    www.aol.com/finance/funding-start-business...

    Bankrate insight. SBA loans can be an affordable type of debt financing for startups. So far, in fiscal year 2024, SBA-approved lenders have approved $3.4 billion in SBA 7(a) loans for startups ...

  6. What is a startup business loan? How does it work? - AOL

    www.aol.com/finance/startup-business-loan-does...

    Alternatives to startup business loans. Startup loans are a useful source of funding for new companies. But like any form of financing, they have pros and cons. It’s important to consider all of ...

  7. Phoenix pay system - Wikipedia

    en.wikipedia.org/wiki/Phoenix_Pay_System

    The Phoenix pay system is a payroll processing system for Canadian federal government employees, provided by IBM in June 2011 using PeopleSoft software, and run by Public Services and Procurement Canada. The Public Service Pay Centre is located in Miramichi, New Brunswick.

  8. How to get a startup business loan: 5 steps - AOL

    www.aol.com/finance/startup-business-loan-5...

    Bankrate insight. SBA loans are friendly to startup businesses. As of March 2024, 16.1 percent of SBA 7(a) loans were given to startups just opening their doors in FY2024. The amount funded ...

  9. Payments Canada - Wikipedia

    en.wikipedia.org/wiki/Payments_Canada

    Canadian Payments Association, carrying on business under the brand name Payments Canada, [2] [3] is an organization that operates a payment clearing and settlement system in Canada. The Canadian Payments Association was established by the Canadian Payments Act in 1980.

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