Canada Small Business Financing Program
The Canada Small Business Financing Program (CSBFP) makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. Over the past 10 years, small businesses have received over 53,000 CSBFP loans totalling $10 billion dollars.
Grant Deadline
Deadline not available
Funding Amount
Deadline not available
Type of Grant
Loans
Sectors
Fintech, Finance, Aerospace, Architecture/Design, Artificial Intelligence, Arts & Culture, Automotive, Aviation, Biotechnology, Clean Energy, Clean Tech, Construction, Consulting, E-Commerce, Educational Services, Electrical, Engineering, Environmental Sustainability, Film, Music, Entertainment, Food Processing, Forestry, Healthcare, Hospitality, HR, Industrial, Infrastructure, Manufacturing, Mining, Oil & Gas, Researcher, Computer sciences, Security, Software, Supply Chain, Technology, Telecommunications, Tourism, Transportation, Utilities, Warehousing, Web 3.0, SaaS, Media, Hardware, Wellness, research and discovery, Med Tech, Community, Sports & leisure, Restaurant
Demographics
Incorporation
For Profit
Perks
Region Restriction
Keywords
loans, support, small business
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
Eligibility
Small businesses or start-ups operating in Canada, with gross annual revenues of $10 million or less.
Not eligible under this program: farming businesses (for a similar program for the farming industry, visit the Canadian Agricultural Loans Act Program).
What can be financed
Term loans can be used to finance the following costs:
- purchase or improvement of land or buildings used for commercial purposes
- purchase or improvement of new or used equipment
- purchase of new or existing leasehold improvements, i.e., renovations to a leased property by a tenant
- intangible assets and working capital costs
For example, you can use a term loan to finance:
- commercial vehicles
- hotel or restaurant equipment
- computer or telecommunications equipment and software
- production equipment
- costs to buy a franchise
Lines of credit can be used to pay for working capital costs, that is, day-to-day operating expenses of the business.
Grant Application website
Contact
Small Business Financing Directorate
Telephone (toll-free in Canada): 1-866-959-1699
TTY (for hearing-impaired people only): 1-866-694-8389
Fax (Ottawa): 343-291-1837
Business hours: 8:30 am to 4:30 pm (Eastern Time)