Canadian Small Business Finance Loan

Use this loan for:

• Purchasing land or buildings used for commercial purposes

• Purchasing new or used equipment

• Financial costs of new or existing leasehold improvements, including renovations to a leased property by a tenant

• The registration fee for the loan

• Items such as goodwill, working capital, inventories, franchise fees, or assets that a holding company acquires aren’t eligible for financing

Loan details: 

• 2% registration fee, which can be financed as part of the loan

• Normal lending fees will apply

• You can get a maximum loan of $1 million under the Canadian Small Business Financing Program (CSBFP). No more than $350,000 of that can be used to finance equipment purchases or improvements, or purchase leasehold improvements.