Canada Small Business Financing Act
The CSBF Program, under the Canada Small Business Financing Act, can assist businesses in obtaining term loans and capital leases of up to $250,000 to help finance fixed asset needs. Crosstown Civic Credit Union is a qualified lender of CSBFA.
Who qualifies?
Most small businesses starting up or operating in Canada -- excluding farming, charitable and religious enterprises -- as long as their estimated annual gross revenues do not exceed $5 million during the fiscal year in which they apply for a loan or a lease. Businesses may be operated as sole proprietorships, partnerships, or incorporated companies.
Visit the Government of Canada Web site to find out more.