Industry Canada

Canada Small Business Financing Program

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Record #: NKT1286 Last Modified: 12 Mar 2013 Last Full Update: 29 Nov 2012
Record Details
Established1961
FundingFederal
Print MaterialLending a hand to your business (program pamphlet): to order copies, visit: http://www.ic.gc.ca/eic/site/csbfp-pfpec.nsf/eng/h_la02855.html
Address NotesOttawa
AddressIndustry Canada, C. D. Howe Building
235 Queen St, 5th Floor
Ottawa, ON K1A 0H5
 
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Mailing Addressc/o Industry Canada, C. D. Howe Building 
235 Queen St, 5th Floor 
Ottawa, ON K1A 0H5
Office Phone613-954-5540
Fax613-952-0290
Toll Free PhoneToll free: 1-866-959-1699
E-mailcsbfp-pfpec@ic.gc.ca
Websitewww.ic.gc.ca/csbfp
Areas ServedYork Region
HoursMon-Fri 8:00 am-4:30 pm (Eastern Time)
LanguagesEnglish ; French
EligibilitySmall businesses operating for profit in Canada, with gross annual revenues of $5 million or less.
ApplicationThis federal government program is delivered in all provinces and territories through a network of Financial Institutions including chartered banks, credit unions and caisses populaires. In order to obtain a loan, businesses must present their proposals directly to a financial institution, not to the CSBF Program Directorate. The lenders are responsible for making the decision to approve a loan.
DescriptionLoan loss-sharing program between the federal government and private sector lenders that facilitates access to affordable asset-based financing to small and medium-sized businesses * program provides access to loan financing of up to $500,000 for the establishment, expansion and improvement of small businesses * financing is available up to $350,000 for leasehold improvements, equipment, and up to $500,000 for real property * Government of Canada makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders
SubjectsBusiness loans ; Small businesses
AccessibilityFully Accessible