Don't Fail To Investigate Canada Government Grants And Loans � The Small Business Loan Program Works

If you are either a start up (pre revenue) firm or an established small or medium (we'll define medium a bit later) sized company in Canada you should be investigating,Skateboards Trends Change As Time Changes, and using the Government of Canada small business loan program.Why? We will give you 4 reasons - Great terms, rates, structures and qualification criteria. Could you ask for anything better in Canadian business financing - we don't think so and we have been a fan of the program now for years. Many clients or callers requesting information on the program (the formal name is BIL / CSBF) often utilize the terms ' grants ' when requesting info on the program. The BIL /CSBF program is not a grant. It is a special business financing program sponsored by Industry Canada (those good folks in Ottawa ....). The program was developed by the government to assist the thousands of firms who might not qualify for what the finance folks call ' traditional financing ' - aka ' the bank!".We also promised you we would qualify the term ' medium sized firm ' when it comes to qualifying for the program .In the case of the Small Business loan program any firm under 5 Million dollars in either actual or projected revenue still qualifies for the program . Naturally your firm has to be privately owned,custom bobbleheads, and be considered a ' for profit ' business. (We're all ' for profit '!)As we said,personalized bobbleheads, many customers call looking for ' grants ' - we're all for free grant money also - we are sure it exists out there somewhere,personalized bobblehead, we just have never found it. Actually,customized bobbleheads, let's clarify that,personalized bobblehead,Top Tips on Choosing Lace Prom Dresses, two great programs, S R ED,custom bobbleheads, and film tax credits are non repayable credits you can easily apply for if you qualify for either of those credits .Those two programs are a discussion for another day though.Typical client questions always include - how much can we get or apply for??... What are the rates and terms? and whats the process involved ? Get ready for a short,Five Top Golf Schools In Arizona,personalized bobble heads, simply and basic primer in all those three areas!The Canada government small business loan has a maximum cap of 350,personalized bobbleheads,000.00 dollars. However,custom bobblehead, if you chose to use this financing for real estate you can actually receive 500k. We note that for many years the program had a cap of 250k and during the global recession (2008-2009) the government raised the limit on the program. Many firms who are either new or have challenges might think the rates and structures are onerous under the program. Exactly the opposite... financing is at only 3% over prime,,,The Joy Of Martial Arts, and from a term perspective you can go from 5 - 7 years, we typically structure 5 years as a reasonable term. Penalties to pay back if you're successful - There are none!! There isn't a day when we don't spend time advising clients on what can be financed under the program... that's where a lot of mis information exists. The program only covers equipment,custom bobblehead, leaseholds and real estate. We would add that software is included in the equipment category. So who is using the program - Almost 8000 businesses did in 2010 - so you can be sure that the program works and is robust. The greatest challenge around the program in our opinion has been the confusion on where and how to apply. We've completed transactions in a week and then heard from clients that they have spent months floundering on their processes in this type of financing. Speaking to a trusted,., credible and experienced Canadian business financing advisor in the area of government small business loans will get you on the fast track to some of the best financing available in Canada today.