SituationalLoanOpen
Canada Small Business Financing Program (CSBFP)
ISED / participating lenders · Federal
In plain language
Not a grant — a government-backed loan from your bank for equipment, real property, leasehold improvements, IP, and working capital. Up to $1M total with sub-limits by asset type. Apply through a participating financial institution, not the government. Best fit when you have a bankable business but lack enough collateral; the guarantee makes banks say yes.
Realistic range
$50,000 – $1,000,000
Avg award
$250,000
Max advertised
$1,000,000
Cost share
—
Accessibility
4 / 5
Effort
3 / 5
Deadline
Continuous intake
Repayable?
Yes
Who qualifies
Entity types
Incorporated, Sole Prop, Coop
Sectors
Manufacturing, Tourism, Food Service, Professional Services, Retail, Technology, Agriculture, Fisheries
Regions
NL Wide
Demographics prioritized
None specifically
What you'll have to report
Normal commercial loan reporting to the lender; annual business financials.