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Canada Small Business Financing Program – CSBFP



Canada Small Business Financing Program – CSBFP is administered partly by Industry Canada – IC. The CSBFP (Canada Small Business Financing Program) is a loan sharing program between the federal government and private sector lenders across Canada that facilitates access to affordable asset based financing to small and medium-sized businesses with gross annual revenues of $10 million or less.

CSBFP objectives are to help businesses get started and established firms to make improvements and expand; to improve access to loans up to $1 million that would not otherwise be available to small businesses; and to stimulate economic growth and create jobs in Canada.

While financial institutions deliver the CSBFP and are solely responsible for approving loans, the program assisted nearly 150 000 businesses since 1999 with loans totaling about $1 billion each year. If you are looking for a solid program to finance your business, consider researching the Canada Small Business Financing Program – CSBFP.

 

Type

  • Loans and Financing (National/Federal)

 

Details

  • Equipment purchase/ capacity expansion
  • Land/equipment purchase

 

Industries

  • Open

 

Entities

  • Incorporated company
  • Limited Liability Partnership (LLP)
  • Registered business
  • Sole proprietorship

 

Industry Canada – IC
C.D. Howe Building
235 Queen Street
Ottawa, Ontario K1A 0H5

 

  • Tel: 613-954-5031
  • Tel; 1-800-266-7531

 

Website: Canada Small Business Financing Program – CSBFP

 

 

 

 


About the Author: K Shalizi


November 5, 2017