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Import Funding / Financing

Financing Your Business

Small business financing can involve several types of financing such as short-term debt, long-term debt and equity financing.

For a more information on types of financing, click here.[link to http://www.smallbusinessbc.ca/financing]

Sources of Financing

Community Futures Development Corporations (CFDC)
Community Futures Development Corporations provide rural businesses with loans to assist expansion, or to help entrepreneurs create new businesses. Loan amounts are up to $125,000.

Canada Small Business Financing Program (CSBF)
The Canada Small Business Financing Program was created to help small businesses reach their potential by making it easier for them to get term business improvement loans to finance the purchase or improvement of fixed assets, for new or expanded operations. Administered under the Canada Small Business Financing Act (CSBFA), the program is a joint initiative between the Government of Canada and private-sector lenders.

Business Development Bank of Canada (BDC)
The Business Development Bank of Canada (BDC) is Canada's small business bank. BDC plays a leadership role in delivering timely and relevant financial and management services, with a particular focus on the emerging and exporting sectors of the economy. BDC is dedicated to helping create and develop Canadian small and medium-sized businesses.

Overview of Government Financial Programs
The Overview is Small Business BC’s publication that lists government assistance programs and services for small business. Both federal and provincial government programs are listed.

Even though the overview is not meant to be comprehensive list of all business assistance programs, the overview does provide a collection of the more popular programs that are more readily available to the small business owner.