Empowering Canadian Small Businesses
Small businesses are the backbone of Canada’s economy, making up 97.9% (1.19 million) of all employer businesses as of December 2022. Despite their importance, micro and scale enterprises frequently face vulnerabilities from economic shifts and technological disruptions.
To help businesses adapt, innovate, and thrive during Canada’s green and digital transformations, the Government of Canada offers robust financial backing. This government support is vital for sustaining small businesses and fueling their inclusive recovery and expansion.
The Canada Small Business Financing Program (CSBFP)
To alleviate growth challenges, the government established the Canada Small Business Financing Program (CSBFP). Through this initiative, the Canadian government guarantees up to 85% of loan amounts provided by major financial institutions, significantly reducing the risk for lenders if a business defaults.
Available Loan Amounts:
The CSBFP provides access to a maximum of $1,150,000 in total financing (which includes a $150,000 line of credit) broken down as follows:

• Up to $1,000,000 for real property purchases or upgrades.
• Up to $500,000 for leasehold improvements and equipment.
• Up to $150,000 for intangible assets and working capital.

How to Apply:
This federal program is accessible nationwide through a network of chartered banks, credit unions, and caisses populaires. To apply, business owners must present a solid business plan directly to a financial institution, as lending decisions remain entirely at the lender’s discretion.
Note: Whether you are searching for a “small business loan BC,” “equipment financing for startups Manitoba,” or “small business loans Ontario,” all provincial queries direct back to the unified federal CSBFP guidelines.
CSBFP Costs & Guidelines
Participating businesses must account for specific costs and interest rates when utilizing the CSBFL program:

• Registration Fee: A mandatory 2% government fee based on the total loan value (this can be financed as part of the loan).
• Variable Interest Rate: Lender’s prime rate + 3%.
• Fixed Interest Rate: Lender’s single-family residential mortgage rate + 3%.
• Lender Fees: Additional setup fees may apply depending on the institution (these cannot be financed through the loan).

Eligibility & Approved Use of Funds
To qualify, your business must operate for-profit within Canada, serve Canadian customers, and generate $10 million or less in annual revenue.

Category	Eligible	Ineligible
Business Types	Startups, early-stage, and established small businesses.	Agricultural producers, charities, and not-for-profits.
Project Types	Commercial land/buildings, equipment, and leasehold renovations.	Inventory, R&D, goodwill, working capital extensions, and franchise fees.
Specific Expenses	Architecture/design, display cases, fencing, landscaping, water/drainage, parking lots, molds/dies, and detailed contractor profits.	Borrower’s own labor, previously financed expenses, share purchases, and bartered assets.

We Are Here to Assist You
Navigating government funding can be complex, but you do not have to do it alone. If you are running a startup or early-stage business and believe you are eligible for the CSBFP, Ortonus Inc is ready to help. Schedule an appointment with us today to discuss your financing needs and secure the growth capital your business deserves.