Canada Small Business Financing Program (CSBFP)
Innovation, Science and Economic Development Canada, delivered by banks and credit unions
Up to $1.1M
Maximum loan $1.15 million per borrower, including a maximum of $1 million for term loans and $150,000 for lines of credit; registration fee 2% of the loan (may be added to the loan)
Government-backed loans through financial institutions to help small businesses finance equipment, leasehold improvements, intangibles and working capital. The lender approves the loan and the government shares the risk.
Open the official page ↗How to apply
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Who qualifies
Most start-ups and existing for-profit, not-for-profit and charitable small businesses in Canada with gross revenues of $10 million or less. Farming businesses are excluded.
Good to know
- Funding: Interest caps: term loans variable prime + 3%, fixed single-family residential mortgage rate + 3%; lines of credit prime + 5%. Lender fees apply separately and cannot be financed under the program. Sub-limits by asset class (reported in search results, not on the fetched FAQ) not confirmed.
Evidence from the official page
- amount“The maximum loan amount a borrower can access under this program is $1.15 million” source ↗
- amount“The CSBFP registration fee is 2% of the total amount of the loan.” source ↗
Verified 2026-10-07 · High confidence. Always confirm on the official page before applying.