top of page
Cafe Interior
Canadian Small Business Financing Program (CSBFP/CSBFL) $1M

The CSBFP is by far the most popular and favourite program for small businesses. It is mostly guaranteed by the government, thus banks carry less risk in underwriting these loans. The CSBFP has a total limit of $1 million and includes:  

 

Up to 90% of eligible purchases which are subject to the following program maximums:

 

  • Up to $500,000 for leasehold improvements and or equipment financing

  • Up to $150,000 for intangible assets and working capital costs within the $500,000 leasehold and equipment limit

  • Up to $1,000,000 for real property purchase or improvements

 

The CSBFP has a vigorous loan underwriting process. Our multi-disciplinary team with a background in accounting, corporate finance, business management, and tax can handle complex underwriting internally. Our principal broker’s accounting firm, William Yeung, Chartered Professional Accountant, can assist clients in ensuring both personal and business taxes are filed and up to date, and business plans and forecasts are efficiently written. We have close relationships with realtors, appraisers, contractors, equipment suppliers, and designers, that can turn your business into reality. Our integrated team gets CSBFP approved in the fastest timeframe possible.

One major advantage of CSBFP/CSBFL is the borrower only personally guarantees 25% of the total loan.

 

Businesses in almost every industry can take advantage of a CSBFP/CSBFL.

 

Examples include:

 

  • Landscape companies could use a CSBFP loan to purchase heavy equipment or vehicles

  • Restaurants could use a CSBFP loan to purchase commercial property

  • Retailers could use a CSBFP loan to make store improvements

  • Technology companies could use a CSBFP loan to modernize equipment or software

  • Franchisees could use a CSBFP loan to cover certain costs of purchasing a franchise

 

We have been successfully involved in assisting small business clients in the following industries:

  • Restaurants

  • Manufacturing

  • Builders

  • Clinics

  • Home Security

  • Motels

  • Trading Firms

  • IT Technology Startups

  • Professional offices

 

We also assist new and existing small businesses in seeking other Business Grants/Subsidies, Equipment/Car loans, Leasehold improvement loans, Construction Funds, Mezzanine (Cash flow based) Financing, Receivables/Inventory/Sales Financing, Commercial Property Owner Refinances, etc...

bottom of page