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Canadian Small Business Financing Program (CSBFP) Loan

There aren't many guarantees in business—except when business loans for capital and leasehold improvements are guaranteed by the federal government.

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  • Adding this item to cart will notify us to connect you with the right expertise
  • You can also call us at
    1 800 332 8383

Details

Overview

Starting or growing a small business takes courage—and financing. ATB works in collaboration with the federal government's Canada Small Business Financing Program to help you start or grow your business. This initiative makes it easier for small businesses to get financing since the risk is shared between Industry Canada and Canadian financial institutions, like ATB.

Qualified entrepreneurs can apply for up to $1 million to establish a start-up or improve their small business.

Pricing

  • Interest Rate
  • Fees
    • Registration fee: 2% of the total loan amount (can be financed within your maximum eligibility)
    • ATB application fee: 0.5% of the total loan amount
  • Amount
    • Get up to $350,000 to purchase or improve equipment and/or purchase leasehold improvements
    • Get up to $1,000,000 to purchase or improve real property

    Funds are limited to the cost of eligible assets, with proof of purchase required.

Additional Information

  • Notes

    Who can apply?

    • Small businesses or start-ups operating in Canada with a gross annual revenue of $10 million or less.
    • Sole proprietors, partnerships, corporations or qualifying cooperatives.

    Ineligible businesses include:

    • Farming
    • Religious organizations
    • Not-for-profit or charitable organizations
    • Commercial or residential rental properties

Details

Overview

Starting or growing a small business takes courage—and financing. ATB works in collaboration with the federal government's Canada Small Business Financing Program to help you start or grow your business. This initiative makes it easier for small businesses to get financing since the risk is shared between Industry Canada and Canadian financial institutions, like ATB.

Qualified entrepreneurs can apply for up to $1 million to establish a start-up or improve their small business.

Pricing

  • Interest Rate
  • Fees
    • Registration fee: 2% of the total loan amount (can be financed within your maximum eligibility)
    • ATB application fee: 0.5% of the total loan amount
  • Amount
    • Get up to $350,000 to purchase or improve equipment and/or purchase leasehold improvements
    • Get up to $1,000,000 to purchase or improve real property

    Funds are limited to the cost of eligible assets, with proof of purchase required.

Additional Information

  • Notes

    Who can apply?

    • Small businesses or start-ups operating in Canada with a gross annual revenue of $10 million or less.
    • Sole proprietors, partnerships, corporations or qualifying cooperatives.

    Ineligible businesses include:

    • Farming
    • Religious organizations
    • Not-for-profit or charitable organizations
    • Commercial or residential rental properties

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Request More Information


  • Adding this item to cart will notify us to connect you with the right expertise
  • You can also call us at
    1 800 332 8383

You May Also Like