Business loans

What is a Canadian Small Business Finance Loan?

Big ideas can have small beginnings — and accessing the right financing can help your business take its next step with confidence. The Canadian Small Business Finance Loan (CSBFL), backed by the Government of Canada, helps entrepreneurs secure funding to grow, purchase equipment or invest in real estate. 

The CSBFL with Conexus makes it easier for your business to access the funding you need to grow. Backed by the Government of Canada, this program helps reduce the lender’s risk — which can improve your chances of being approved for equipment, renovations, leasehold improvements or commercial property. With a Conexus advisor by your side, you’ll get clear guidance, a supportive lending partner, and financing structured to help your Saskatchewan business take its next big step with confidence.

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Overview.

To qualify for the Canadian Small Business Finance Loan, your business must:

  • Be operating in Canada 
  • Have annual gross revenues of $10 million or less 
  • Use the loan for eligible purposes such as equipment, leasehold improvements, or commercial real estate

Additional criteria may apply depending on your business type and funding needs.

What can you use the loan for?

The CSBFL can support a wide range of business needs, including:

  • Purchasing or improving commercial real estate 
  • Buying new or used equipment 
  • Completing renovations or leasehold improvements 
  • Financing upgrades that increase business efficiency or capacity

This makes it a flexible option for both new and expanding businesses.

Loan features.

Key loan features include:

  • Competitive interest rates 
  • Flexible repayment schedules 
  • Financing up to program maximums for eligible assets 
  • Government‑backed structure designed to support small business lending

Our Business Advisors will help you determine your eligibility, understand your financing options, and prepare your application.

FAQs

Common questions.

Here’s what people ask us the most.

Canadian small businesses that meet the program’s eligibility requirements may be able to apply. Eligibility depends on factors such as the type of business, how the funds will be used and the business’s financial situation.

Depending on the type of financing, funds can be used for eligible business investments such as purchasing equipment, making leasehold improvements or acquiring commercial real estate.

Yes. The Canadian Small Business Financing Program can help eligible new businesses get started, as well as help established businesses make improvements and expand.

Not exactly. A Canadian Small Business Financing Loan is offered through a financial institution but is supported by the Government of Canada’s Canadian Small Business Financing Program. It has specific eligibility requirements and rules around how the financing can be used.

Yes. Eligible established businesses may use the Canadian Small Business Financing Program for certain investments that improve or expand their operations.

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