The amendments to the Canada Small Business Financing Regulations and Canada Small Business Financing Act came into force on July 4, 2022. They provide lenders and small businesses with additional financing products, new class of loans, increased loan amounts and terms, improved loan conditions and decreased administrative burden.
Financial institutions are currently in the process of rolling out these changes to start offering all of the enhanced features shortly.
Understand and comply with the CSBFP
- Download the Canada Small Business Financing Program PDF pamphlet
- CSBFP Guidelines
- Frequently asked questions
- Lenders designation policy
To share the information with your clients or members, order CSBFP pamphlets.
To stay informed, subscribe to our newsletter for lenders.
Make and register a CSBFP loan
- Presentation: Making a Loan
- Forms for lenders
- Loan assessment checklist
- Loan Approval – Key requirements checklist
- Loan decision table
The CSBFP Online Loan Registration Application simplifies the loan registration process. Through this Application, lenders can create, view, modify, withdraw and deregister CSBFP loan registrations in real time.
Other government resources for small businesses
Starting and growing a business is a great challenge, and the Government of Canada is here to help. These are some of the resources small businesses will need to succeed.
Legal and regulatory
- Canada Small Business Financing Act
(Department of Justice Canada) - Canada Small Business Financing Regulations
(Department of Justice Canada)
Please consult PDF document for updated content.
To access all documents, please visit our Documentation centre.
Questions and answers
Top 6 Frequently asked questions
- When is an appraisal required?
- Can lenders charge fees for CSBFP loans?
- Are on-site visits mandatory?
- Can personal guarantees be secured?
- Can a lender submit the registration form even if it has not yet obtained the borrower's business (GST) number?
- What is the maximum amount of a loan under the CSBFP ?
View all Frequently asked questions
To access all documents, please visit our Documentation centre.
Reports and statistics
CSBFP documents
- CSBFP Evaluation, October 2019
- CSBFP : Cost-Benefit Analysis, May 2019
- CSBFP Awareness and Satisfaction Study Final Report, August 2018
- Incrementality Study of the CSBFP , March 2018
- SME Profile: CSBFP Program Borrowers, March 2016
- Updated and Extended Economic Impact Analysis of the CSBFP , July 2019
- CSBFP Lender Awareness and Satisfaction Study, March 2018
- Key Risk Factors in the CSBF Portfolio, July 2013
To access all documents, please visit our Documentation centre.
Overview and Highlights
- Overview and Highlights 2021–22
- Overview and Highlights 2020–21
- Overview and Highlights 2019–20
- Overview and Highlights 2018–19
- Overview and Highlights 2017–18
If you require a previous version of the Annual Report, please contact us.
To access all documents, please visit our Documentation centre.
Comprehensive reviews
- Comprehensive Review Report (2014-2019), October 2020
To access all documents, please visit our Documentation centre.
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.