Information for Business Support Organizations

Growing your business just got easier!

New changes to the CSBFP have come into effect. As of June 23, 2015, the small business eligibility threshold has increased from $5 million to $10 million. In addition, the maximum loan amount for borrowers seeking to acquire or improve real property has increased from $500K to $1 million.

The presentation below has been developed for business support organizations who deal directly with small and medium-size businesses and who are interested in learning more about the program parameters. For more information, please contact us at 1-866-959-1699.

Overview

The CSBF Program

  • Makes it easier for small businesses to obtain loans
  • Provided access to financing worth over $15 billion
  • Operates in all provinces and territories
  • Helps create jobs

Eligibility and Other Criteria

  • Start-ups and existing businesses operating for profit
  • Maximum gross annual revenue
  • Eligible type of business structure
  • Eligible assets
  • Maximum amount of loan

Interest, Fees and Security

  • Maximum Interest Rate
  • Applicable Fees
  • Required Security
  • Optional Security

How to Apply

  • Where to present your business plan
  • Who makes the credit decision
  • 'Find a lender near you' www.ic.gc.ca/csbfp

How the Program Operates

  • Role of Industry Canada
  • Role of Lender
  • Loan loss sharing in the event of loan default

What's in it for Small Businesses?

  • Helps obtain loans
  • Leasehold improvements may be financed
  • Amount of financing negotiable with the lender

Key Points

  • The CSBFP is a loan program
  • Grants and other government programs: www.canadabusiness.ca
  • Start ups and existing businesses are eligible
  • The CSBFP can be used to purchase assets
  • Apply for a CSBFP loan through your financial institution
  • Map of financial institutions: www.ic.gc.ca

How to Reach Us

Canada Small Business Financing Program
235 Queen Street
Ottawa, Ontario K1A 0H5
Toll-free:1-866-959-1699
Fax:1-343-291-1837

Print our pamphlet

For more information or for other resources, visit our web site at www.ic.gc.ca/csbfp

Help us improve
Back to "Help us improve" section.
  
Back to "What's the problem?" section.
Got it, thanks!
Um, you didn't enter anything.
Date modified: