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Government Guaranteed Loans : Is A CSBF Your Potential Business Loan

Lifesaver
We're Cutting All The ed Ta!e In The Gov't Guaranteed Business Loan
"#$#I$W % Information on government guaranteed loans in Canada & The '
CSBF ' (usiness loan satisfies the )a!ital needs of thousands of (usiness !eo!le and
entre!reneurs ever* *ear
The Government guaranteed (usiness loan in Canada is quite often the financing that
entrepreneurs in start ups and ' small business ' require to access capital for financial
assistance. In many cases it's the ' lifesaver ' that the business owner is looking for.
Welcome to CS! "Canadian Small usiness !inancing# loans $%$. &et's dig in.
'ost business people in Canada( rightly or wrongly( associate anything to do with '
government' as mired in red tape)bureaucracy. That really isn*t the case with the +ovt
S& "Small usiness &oan# program. It certainly can be though if you're poorly armed
with key critical info on the program itself( how to access it( and( most importantly( how
to get approved,
y the way( do -ot apply if you're a large business . and the program clearly defines that
as any business with over / 'illion dollars in revenue. The actual si0e of the loan
portfolio by the way is in fact ' large '( with billions being financed every year for
thousands of applicants.
There's not mystery as to the popularity of the program( as top e1perts tell us everyday
that it's ' Small ' business that generates employment and ta1es in a big way
Why then do business people)entrepreneurs bother to investigate this type of loan2 While
many focus a lot of time and effort on raising equity capital from friends and family(
angel investors( 3C's( etc they are more often than not disappointed by their efforts in this
area.
What is the appeal of the S& loan2 !irst of all its( longer repayment terms( as typical
terms are /.4 years. Secondly( approval is much easier as compared to traditional bank
financing or other offerings from Commercial !inance companies that lend to the S'5
sector
It*s necessary to understand the type of loan you are applying for. !or a starter( much a
surprise to many is that there is no loan from the government. Industry Canada sponsors
and administers the program and it simply guarantees the loans to Canadian chartered
banks that provide these loans anks therefore are more open to providing loans that in
other cases they would not make,
6ey to being successful is knowing what the program 785S -8T finance . and that*s
working capital and inventory. It also does not refinance current debt. What it does fund
is equipment( leasehold improvements and real estate.
If you're looking for a prompt answer ( instead of ' maybe yes'( or ' maybe no' when it
comes to government backed loans in Canada seek out and speak to a trusted+ )redi(le
and e,!erien)ed Canadian (usiness Finan)ing Advisor -ith a tra). re)ord of
su))ess who can help you cut red tape and make govt loans your lifesaver for capital.
Stan Pro.o! . / Par. Avenue Finan)ial :
htt!:00---&/!ar.avenuefinan)ial&)om
usiness financing for Canadian !irms ( speciali0ing in working capital( cash flow( asset
based financing ( 5quipment &easing ( franchise finance and Cdn. Ta1 Credit !inance .
!ounded 9%%: . Completed in e1cess of ;% 'illion < of financing for Canadian
corporations . Info 0Conta)t :
/ PA1 A#$23$ FI2A2CIAL 4 CA2A5IA2 G"#6T G3AA2T$$5 L"A2
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8ave A 9uestion 0Comment "n "ur Blog "r Canadian Business Finan)ing
Alternatives :
C"2TACT:
/ Par. Avenue Finan)ial
South Sheridan 51ecutive Centre
9;$% South Sheridan Way
Suite =%$
8akville( 8ntario
&>? 4?@
5ire)t Line A :$> =$; /4>;
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$mail 4 sprokopB4parkavenuefinancial.com
' Canadian Business Finan)ing With The Intelligent 3se "f $,!erien)e '
Stan Pro.o!

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