How it works,
- Up to $1 million in funding
The guaranteed loan amounts range from $25,000 to $1 million to cover operational cash flow needs for your business.
- Guaranteed loans
The funds are guaranteed by the Canadian government. (with no Personal Guarantee needed)
- Low-interest and flexible terms
Businesses can benefit from a 4% interest rate and a repayment term of up to 10 years. In addition, up to a 12-month postponement of principal payments at the start of the loan.