Affinity Credit Union Canada Small Business Financing Program
$ 1,000,000.00
Loan
Description:
The Canada Small Business Financing Program (CSBFP) represents a collaboration between the federal government and financial institutions such as Affinity. Affinity actively participates in this program, working in conjunction with the government to assist both established businesses and startups in obtaining the necessary financing.
Comments on Funding:
The maximum loan amount a borrower can access under this program is $1.15 million, which includes a maximum of $1 million for term loans and $150,000 for lines of credit. No more than $500,000 of that can be used to finance equipment purchases or improvements, or purchase leasehold improvements.
Rolling deadline
Eligibility:
1. Applicants must be corporations, sole proprietorships, partnerships and co-operatives in Canada with gross revenue under $10 million
2. Farming businesses aren’t eligible under this program.
Application Steps:
Call Contact Center at 1.866.863.6237 or book an appointment online.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice