Small Business Loans Canada

Increase your chances of getting a small business loan by being prepared to meet the lender's expectations. This explanation of the documents you need and how to prepare yourself will give you a better chance of making a winning presentation.

Having a hard time getting a small business loan from a traditional bank? If your small business is looking for money, here are ten other Canadian small business loan sources where you may be able to get the funding you need.

While every deal that a bank looks at is unique and presents its own risks and challenges, there are some common things that most banks will look for, writes Christopher Yuskiw. Here's his advice for getting a small business loan.

Whether you're looking for new business financing or for financing for your established small business, the Canada Small Business Financing Program is a good deal. Here are the details of this federal small business loan program and how your Canadian small business can apply.

Have you tried to get a small business loan from a bank or credit union and been turned down because you don't have enough collateral or sufficient credit history? You may be able to get the start up money you need or the necessary funds to grow your business from a Canadian Community Loan Fund.

Are you a Canadian woman looking for a small business loan? That’s the focus of this article - small business loans and business assistance that is only available to women. See if you fit the criteria for any of these women’s small business loan programs.

As of October 2011 the Business Development Bank of Canada (BDC) has set aside $200 million for loans for Canadian small businesses to upgrade their Information and Communications Technology. Read the details here.

Is there such a thing as a small business loan? This small business loan definition explains.

Darrell Zahorsky helps you understand the five C's of credit and the new lending rules before you apply for credit or a small business loan (About.com Small Business Information).

This non-profit organization provides small business loans for women entrepreneurs in Alberta - and workshops, business advice, networking and more.

This page of the Bank of Montreal's website describes the different small business loans the bank offers. (For information on lines of credit, see the link on the left menu.)

The Business Development Bank of Canada offers a full range of financial services and small business financing. This is the home page.

The Business Development Bank of Canada offers small business loans for start ups, helping your new business have the working capital it needs, acquire fixed assets, or pay marketing and start up costs. They'll also loan money to buy a franchise.

If you are starting or running a small business or non-profit organization in Atlantic Canada, you may qualify for funding through this ACOA (Atlantic Canada Opportunities Agency) program, which offers interest-free, unsecured small business loans to set up, expand or modernize your business. See if your business or project qualifies, and download the application, if it does.

"Most small businesses starting up or operating in Canada are eligible for CSBF loans and leases, as long as their estimated gross revenues do not exceed $5 million during the fiscal year in which they apply." This site gives more details on getting a small business loan (of up to $350,000) through this program.

This government financial loan guarantee program designed to give farmers easier access to credit finances farm improvements and funds the processing, distribution and marketing of farm products. Individual farmers can receive up to 80% financing (beginning farmers up to 90% financing) to a maximum of $500,000 for real property assets or up to $350,000 for all other eligible assets. Farm products marketing co-operatives can apply for financing up to $3 million.

If you're 18 to 29 years old, have a sound business idea, are willing to work with a mentor, and haven't been able to raise funding through the usual sources, you may qualify for a small business loan of up to $15,000. This useful page provides a detailed outline of the program.

This page offers information on a range of small business loans and lines of credit available from the CIBC, ranging from their Small Business Credit Edge (for small business loans or lines of credit up to $10,000) through Instalment Loans (of over $250,000).

Community Business Development Corporations (CBDCs), located throughout rural Atlantic Canada, assist in the creation of small businesses, and in the development of existing businesses. They offer financial assistance, usually in the form of a small business loan, and business assistance such as information, counseling and advice.

If your business needs money for research and development, here are two types of funding, jointly sponsored by the National Research Council of Canada and Industry Canada. One is a Youth Employment Strategy Program; the other provides small business loans for "appropriate" Research and Technology Development Activities.

If you're planning to enhance your business's technological capabilities, or working on developing an unproven technology, you may qualify for financial help from the Industrial Research Assistance Program, funded by the National Research Council of Canada.

Farmers or foresty operators can apply for this Québec government small business loan program for the successful and sustainable development of farm businesses. Individual companies can receive up to $2,000,000 for the development or diversification of an operation, business start-up or succession planning.

Information about Royal Bank business financing options, including operating loans and small business loans available through government sponsored programs.

Do you live in Atlantic Canada, are between the ages of 19 and 34 and want to start or grow a small business? The Seed Capital Initiative Program run by the Atlantic Canada Opportunities Agency provides loans of up to $20,000 to help start, expand or improve a small business.

Western Economic Development Canada sponsors a variety of small business loan programs throughout the Western provinces, including the Knowledge and Growth program for companies that apply advanced technology, Community Futures Development Corporations, and a Micro Loans lending program for "very small" businesses.

BC's Women's Enterprise Centre offers loans of up to $100,000 for women entrepreneurs along with ongoing business guidance. This page provides information on their loans program.

The Women's Enterprise Centre provides women with small business loans of up to $100,000. If you are applying for a loan of over $10,000, you will need to submit a completed business plan with your loan application. A Business Analyst will work with you throughout the process.

Women who wish to start, buy or already own a business in Saskatchewan can apply for small business loans of up to $100,000 through this non-profit organization. You must work with a Business Advisor prior to applying for a loan.