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Not All Canadian Small Business Financing Is Difficult - Check out the SBL Canada Governme
by Stan Prokop on Nov 29, 2011
For start up and small business in Canada (In our case today we mean sales under 5 Million dollars) there is one very obvious option to some of the most basic financing challenges, and its the Small Business ' SBL’ Canada government loan b
So what are some of those financing needs we referred to? Clients look to the program for purchasing a business, including franchises by the way, or simply the basic equipment and leasehold needs when they are constructing a building of office. We point out that almost all other types of financing in Canada often, if not always, discourage the financing of leaseholds so the ' SBL ' covers that problem off quite nicely.
A lot of business wants to stay on top (and boy is it hard) of technology, so the Canada Small Business Loan is a perfect way to acquire and finance both technology hardware and software.
And may we again note that it is often a challenge for firms to finance software, which is an...Read More >>
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Recommended Reading
The Power Of The Government of the Canada small Business Financing Loan - SBL 101 !
by sprokop
Power - The dictionary defines it as the possession of control. You want it? We're going to give it to you as it relates to the government of Canada Small Business Financing Loan... we affectionately call it the ' SBL ‘! (That’s small business loan by the way ...)
So clients are always asking whats so great about the program? We'll give you thing things, actually four! Rate, term, structure, and by the way, a very limited (in our opinion) personal guarantee.
Industry Canada is the government agency that sponsors this great loan program....
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