Canadian Small Business Financing

Canadian Small Business Financing is a government-backed program that helps small businesses access loans they might not qualify for through traditional banks. It encourages economic growth by providing financial support for things like purchasing equipment, expanding operations, or managing cash flow. The government guarantees a portion of the loan, reducing risk for lenders and making it easier for small businesses to get the funding they need. This program often involves partnerships with banks and financial institutions, offering terms that support small business development and sustainability.