Government financing programs for business
The government offers several financing programs created specifically for new businesses and start ups. Learn more about these programs and how your Meridian Advisor can help.
Canada Small Business Financing Program (CSBFP)
This is right for you if: You’re the owner of a new business or startup in need of financial support, or you’re interested in growing your business.
- 85% guaranteed by the federal government, making it easier to get approved.
- You can use the loan to pay off eligible purchases made in the previous 6 months.
- Flexible terms and repayment options.
Export Development Canada
This is right for you if: You’re a Meridian business Member with short-term liquidity issues as a result of COVID-19
- One year term loans or operating credit facility.
- Borrow up to $6.25MM.
- Option to renew for one additional year.