The Canadian Small Business Financing Program
Your business deserves the best opportunities for success - that's why we're offering you the best financing options.
With the Canada Small Business Financing Program (CSBFP), you can qualify for a guaranteed loan from Meridian.
Who is this loan for?
A CSBFP loan works really well for new businesses and start-ups that need financial support or want to grow. It's also a great option for established businesses with cash flow issues after a big investment.
- Government guarantee equal to 85% of the outstanding loan.
- You can use this loan to pay off eligible purchases made in the previous 6 months.
- You can choose from different terms and flexible repayment options.
Frequently asked questions
Browse answers to common questions about this loan, and for all the details explore the Canada Small Business Financing Program.
The purchase or improvement of land or buildings used for commercial purposes
The purchase or improvement of new or used equipment
The purchase of new or existing leasehold improvements (i.e. renovations to a leased property by a tenant)
The registration fee
The borrower and lender will come to an agreement on an exact amount – the most you can finance with this loan is $1 million, only $350,000 of which can be used to finance the purchase or improvement of equipment and the purchase of leasehold improvements.
Present your business proposal to Meridian – we’d love to help you get the financing you need to grow your business.
You can choose a term that fits your business.
Equipment loans up to a 10-year amortization
Leasehold improvements up to a 7-year amortization
Real property loans/ immovable up to 15-year amortization
There are several flexible repayment options.
Floating rate principal plus interest
Floating rate principal including interest (blended payments)
Principal plus interest rate
Principal including interest (blended payments)
Most start-ups and existing small businesses with a gross revenue of $10 million or less.