Find a loan for your small business

This is a loan program in collaboration with financial institutions. If you are looking for other government financial incentives including grants or general information for small businesses, please access the innovation.canada.ca.

What can loans be used for under this program?

Term loans can be used to finance the cost of:

• purchasing or improving land and buildings used for commercial purposes
• purchasing new or existing renovations to premises occupied by the business as a tenant
• purchasing or improving new or used equipment (including commercial vehicles)
• intangible assets and working capital

What are the maximum term loan amounts?

Lines of credit can be used to finance working capital costs, that is, day-to-day operating expenses of the business.

What is the maximum line of credit amount?

Who is eligible?

Small businesses or start-ups operating in Canada, with gross annual revenues of $10 million or less.

Not eligible under this program are farming businesses (Agriculture and Agri-Food Canada has a similar program for the farming industry — for information, visit the Canadian Agricultural Loans Act program).

For more information, visit the business eligibility section of our guidelines.

How do I apply?

Present your business plan directly to any bank, credit union or caisse populaire. Your financial institution is responsible for making the decision to approve your loan.

Find a lender near you

For more information, download the Canada Small Business Financing Program (CSBFP) pamphlet (PDF, 1 page, 347 KB).

The CSBFP is committed to its service standards.

For more information on other government programs and services:

• Check out the interactive business benefits finder at innovation.canada.ca.
• Check out the resources to help manage your business during COVID-19.
• Check out the Canada Digital Adoption Program: Support for Canadian small and medium-sized enterprises (SMEs) to adopt new digital technologies.