Canada Small Business Financing Program


The Canada Small Business Financing Program is a loan program in collaboration with financial institutions. 

Loans can be used to finance the cost of:

  • Purchasing or improving land and buildings used for commercial purposes
  • Purchasing new or existing renovations to premises occupied by the business as a tenant
  • Purchasing or improving new or used equipment (including commercial vehicles)

It is up to the borrower and lender to negotiate an appropriate amount of financing. The maximum loan amount a borrower can access under this program is $1 million, of which no more than $350,000 can be used to finance the purchase or improvement of equipment and the purchase of leasehold improvements.

Special Requirements

Small businesses or start-ups operating for profit in Canada, with gross annual revenues of $10 million or less are eligible.

Not eligible under this program are farming businesses (Agriculture and Agri-Food Canada has a similar program for the farming industry — for information, visit Agriculture and Agri-Food Canada), not-for-profit organizations, or charitable and religious organizations.

For more information, visit the business eligibility section.

Last updated: September 5, 2018