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This program is no longer accepting applications.
But don't worry — there are similar open programs you can apply to now.
Government of Canada, Innovation, Science and Economic Development Canada
Term loans and lines of credit for small businesses
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Browse Open ProgramsHelps small businesses get loans from banks by sharing the risk with lenders. This makes it easier for them to access financing.
Provides access to term loans and lines of credit from financial institutions by sharing the risk with lenders, making it easier for small businesses to get financing. Funds can be used for real property, leasehold improvements, equipment, intangible assets, working capital costs, and registration fees.
Business Size: small
Industries: most industry sectors
Region: Canada
Revenue Range: Up to $10M
Other Criteria: start-ups, existing businesses, for-profit organizations, not-for-profit organizations, charitable organizations, corporations, sole proprietors, partnerships, cooperatives
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Government of Canada, Business Development Bank of Canada
Loan to purchase or upgrade technology
Government of Canada, Business Development Bank of Canada
Working capital loan
Government of Prince Edward Island, Finance PEI
Loans for Prince Edward Island (PEI) tourism businesses
Federation of African Canadian Economics (FACE)
Financial help for Black entrepreneurs
Government of Canada, Business Development Bank of Canada
Loan to buy an existing business
Government of Canada, Business Development Bank of Canada
Guidance to better manage your cash flow
This program is available to small businesses in most industry sectors industries located in Canada.
This program offers funding up to $1,150,000.
The application deadline is October 30, 2025.
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