Canada Small Business Financing Program

The Canada Small Business Financing Program (CSBFP) makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. The program is delivered by financial institutions in partnership with the federal government. Financial institutions are solely responsible for processing and approving loan applications. Please note that farming businesses are not eligible under this program (for a similar program for the farming industry, visit the Canadian Agricultural Loans Act Program).

The maximum loan amount for a borrower is $1.15 million.

Up to a maximum of $1,000,000 for term loans for any one borrower, of which no more than $500,000 can be used for purchasing leasehold improvements and purchasing or improving new or used equipment and of that amount, a maximum of $150,000 could be used for intangible assets and working capital costs.
Up to a maximum of $150,000 for lines of credit.