Business Loans — Canadian Small Business Financing Program (CSBFP) Loan
Qualified entrepreneurs can apply for financing to establish a start-up or improve their small business.
With ATB and Innovation, Science and Economic Development Canada working together to manage your risk, you can focus on what you do best—running your business.
Offered by ATB Financial
Amount
Maximum $1.15 million per borrower: $1 million term loan (up to $500,000 for equipment and leasehold improvements and $150,000 for intangible assets and working capital) plus a $150,000 line of credit for working capital; 2% registration fee
Quick eligibility check
Who can apply
Who qualifies for this loan?
Any new or existing small business operating in Canada with gross annual revenue under $10 million qualifies for this loan. This includes sole proprietorships, partnerships, corporations and qualifying cooperatives. In 2021 the Government of Canada updated the CSBFP definition of “small business” to include not-for-profit, charitable and religious organizations that carry on businesses.
About the funding
With maximum funding amount of $1.15 million, including:
$1 million for term loans with up to $500,000 for equipment and leasehold improvements and $150,000 for intangible assets and working capital cost.
A $150,000 line of credit for working capital costs. (This is completely separate from the $150,000 portion of the loan mentioned above.)
Term Loan: maximum of 15 years. For Line of credit, maximum of 5 years.
Show all funding details
Fees: 2% registration fee with the ability to finance.
Other loan application fees may apply.
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