“It's true, there are common balance sheet mistakes that bankers see over and over again. How can you get an edge when applying for a loan or line of credit? You can start by understanding and avoiding the most common mistakes that get credit applications rejected.”
“Do you currently reside in a rural area and have recently made the decision to take the plunge into becoming a business owner? If your answer is a resounding yes, then your Community Business Development Corporation (CBDC) may have the perfect business loan that you need to put your plans into action. We know that oftentimes it may be difficult to obtain financial assistance for a first-time entrepreneur through traditional lending channels, so we’ve developed a perfect solution, namely the CBDC First-Time Entrepreneur Loan.
"The start-up and the first in a series of training programs designed to enable youth to start or expand businesses in discussed. The funding for the program was obtained by Kahanawake with an investment from the Department of Industry Canada designed to help youth develop their own businesses through debt financing. Thirteen people completed the course and six loan applications - supported by business plans - were submitted. Five of the loans were approved; and after one and a half years all five businesses are operating.
"Where does female entrepreneurship fit into Canada and its attendant economic environment today? In particular, how do Aboriginal women fare in entrepreneurship, especially at the micro level? What economic and social effects does the work preformed by these women have on themselves and on their communities?"
If you are a newly-licensed lobster fisherman in Prince Edward Island, you could get up to $3,000 to lower interest costs on loans you made to start your business.
Are you a Canadian producer going through financial hardships? If so, help is readily available. You could get up to 50% of the average market price of your stored crops or unsold livestock. The limit on cash advances is $400,000 — the first $100,000 of which is interest-free.
Your project should be economically viable and provide economic benefit to the Atlantic region. You do not qualify for funding if your business is in the retail/wholesale, real estate, government services, or personal and social services sectors.