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Information for Lessors
The Capital Leasing Pilot Project is designed to build on the success
of the Canada Small Business Financing program, which is one of the
federal government's most important program to help small and
medium-sized enterprises (SMEs) access financing. Since 1961, lending
through the Canada Small Business Financing Act, and its predecessor
the Small Business Loans Act, has allowed smaller firms to grow, to
hire new employees and to succeed.
The five-year pilot project applies to capital leases entered into for
new or used equipment only. The goal of the pilot is to make capital
leasing more accessible to eligible SMEs, especially new and younger
businesses. The pilot project design is similar to the CSBFA lending
program.
Capital Leasing Pilot Project
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