Did You Know? The Canadian Government Can Help You Get a Business Loan

If you're a small business owner or 2SLGBTQIA+ entrepreneur in the Bow Valley, you might be overlooking a powerful financial tool: the Canada Small Business Financing Program (CSBFP).

This federal program helps small businesses access loans by partnering with financial institutions. Whether you're starting up, expanding, or modernizing your operations, CSBFP makes it easier to secure financing from participating banks and credit unions.

What Can You Use It For?

Eligible businesses can access up to $1.15 million in financing. The funds can be used for:

• Purchasing or improving equipment

• Renovating or buying commercial property

• Upgrading technology or software

• Buying or improving leasehold improvements

Note: This program is designed for for-profit businesses in Canada with gross annual revenues under $10 million. Most sectors qualify, including tourism, retail, services, and hospitality.

How It Works

Instead of applying to the government directly, you apply through your bank or credit union. The lender provides the loan, and the government shares the risk. This makes it easier for newer or smaller businesses—especially those without large assets or credit histories—to get approved.

Learn More and Take the Next Step

Visit the official site to explore eligibility and connect with a participating lender:
🔗 ised-isde.canada.ca/csbfp

Pair this opportunity with a solid business plan and the Bow Valley Pride Network’s SMARTstart program to strengthen your application and grow your business with confidence.

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