Canada Small Business Financing Program (CSBFP)
Receive up to $1,150,000 in loan and line of credit support.
The Canada Small Business Financing Program (CSBFP) helps Canadian small businesses secure financing by sharing the risk with lenders. This makes it easier for entrepreneurs to obtain term loans and lines of credit through their financial institution of choice. The program is administered by Innovation, Science and Economic Development Canada (ISED).
Quick View
Eligible Applicants
Successful applicants are Canadian for-profit small businesses or startups with $10 million or less in gross annual revenue.
800+
Annual Funding Applications Supported
Apply for This Funding Program
Give your application the best chance of approval. Ryan supports the writing of applications for more than 100 Canadian federal and provincial government grants, tax credits, and no-interest loan programs.
Amount of Funding
Eligible borrowers can access up to:
- $1,000,000 in term loans for any one borrower, which can include:
– Up to $500,000 for leasehold improvements and equipment;
– Up to $150,000 for intangible assets (e.g., software, patents, goodwill). -
$150,000 in lines of credit for working capital and cash-flow needs.
Please note: An unsecured personal guarantee may be required at the lender’s discretion, up to 100% of the loan amount.
Amount Eligible Applicants
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Canadian for-profit small businesses and startups with gross annual revenues of $10 million or less.
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Farming businesses are not eligible.
Eligible Activities
Funding can be used for:
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Purchasing or improving commercial land or buildings;
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Purchasing or improving new or used equipment;
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Leasehold improvements, such as renovations to a leased property;
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Acquiring eligible intangible assets, such as intellectual property, software, or franchise fees.
Funds cannot be used for:
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Working capital (except via the separate line of credit portion);
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Inventory or goodwill;
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Research and development costs.
Program Deadline
Speak with a member of our team to find the latest intake period info for this program or subscribe to our newsletter to be notified.
Average of
Time Saving
95%
Throughout the application process
Apply for Funding
Successfully applying for the right funding program at the right time, focusing on the right topics is no easy challenge. We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
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