Canada Small Business Financing Act Annual Report 2011-2012
Science and Innovation Sector
The Canada Small Business Financing Program aims to increase the availability of financing to small businesses by extending financing that would otherwise have been unavailable to them or available only under less attractive conditions. It is a national program operating in all provinces and territories. Financial institutions make term loans of up to $500 000 to small businesses to purchase or improve real property, equipment or leasehold improvements.
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