Ads
related to: small business loans canada government
Search results
Results from the WOW.Com Content Network
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 ...
The Business Development Bank of Canada (BDC; French: Banque de développement du Canada) is a Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses through financing, growth and transition capital, venture capital and advisory services, with a focus on small and medium-sized enterprises.
A new 10% investment tax credit for small businesses for investments in machinery and equipment purchased until 31 December 1993 ; Another increase in the ceiling for loans under the Small Business Loans Act to $250,000 ; A two-year extension to the Small Business Financing Program. Another round of expenditure reductions:
The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll, expansion and ...
Approval for a small business loan typically requires a good credit score, solid business revenue and a personal guarantee or collateral. There are many potential lenders for a small business loan ...
Small business loans usually range from $1,000 to $5 million. Different types of small business loans are designed to meet various funding needs. From long-term commercial real estate loans to ...
Ads
related to: small business loans canada government