Industry CanadaCanada Small Business Financing Program |
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| Record Details | ||||
|---|---|---|---|---|
| Established | 1961 | |||
| Funding | Federal | |||
| Print Material | Lending 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 Notes | Ottawa | |||
| Address | Industry Canada, C. D. Howe Building 235 Queen St, 5th Floor Ottawa, ON K1A 0H5 View Google Map | |||
| Mailing Address | c/o Industry Canada, C. D. Howe Building 235 Queen St, 5th Floor Ottawa, ON K1A 0H5 | |||
| Office Phone | 613-954-5540 | |||
| Fax | 613-952-0290 | |||
| Toll Free Phone | Toll free: 1-866-959-1699 | |||
| csbfp-pfpec@ic.gc.ca | ||||
| Website | www.ic.gc.ca/csbfp | |||
| Areas Served | York Region | |||
| Hours | Mon-Fri 8:00 am-4:30 pm (Eastern Time) | |||
| Languages | English ; French | |||
| Eligibility | Small businesses operating for profit in Canada, with gross annual revenues of $5 million or less. | |||
| Application | This 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. | |||
| Description | Loan 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 | |||
| Subjects | Business loans ; Small businesses | |||
| Accessibility | Fully Accessible | |||

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