Government-backed loans for small businesses and start-ups with gross annual revenues of $10M or less, made through participating banks and credit unions. Farming businesses are not eligible.
Apply through a bank or credit union, not ISED.
| Terms | Up to $1.15M per borrower: term loans up to $1M (max $500K for leasehold improvements and equipment; up to $150K for intangibles and working capital); lines of credit up to $150K. 2% registration fee. |
|---|---|
| Stage | Start-up to established small business |
| Region | Canada-wide |
| Official site | https://ised-isde.canada.ca/site/canada-small-business-financing-program/en/find-loan-your-small-business/about-program/helping-small-businesses-get-loans |
Confirm current terms and intake dates on the official site.