Lenders should refer to the Act and Regulations , as they constitute the legal authority for the Canada Small Business Financing (CSBF) program. They contain the procedures and conditions for making and administering CSBF loans and for submitting claims for loan losses.

Most start-ups and existing for-profit small businesses in Canada with gross revenues of $10 million or less are eligible to apply for loans under this program. Such businesses can be corporations, sole proprietors, partnerships or cooperatives.

Program loan is 10 years, and the minimum amount of payments of interest and principal is one per year, although generally these loans tend to be five-year terms with monthly payments. It's also important to note that, according to the Industry Canada Small Business Financing Program guidelines, if you go with a floating …

Feb 8, 2018 – Regulations are current to 2018-01-30 and last amended on 2016-02-19. Previous Versions. Enabling Act: CANADA SMALL BUSINESS FINANCING ACT. Notes : See coming into force provision and notes, where applicable. Shaded provisions are not in force. Help. Search within these regulations: …