CANADIAN SMALL BUSINESS FINANCING PROGRAM (CSBFP)
($350K-$1M)

Are you a small business owner in Canada looking for financial support to expand or improve your business? The Canadian Small Business Financing Program (CSBFP) might be your solution. At Amra Financial, we specialize in guiding small businesses through the process of securing financing through this government-backed initiative.

 

About the Canadian Small Business Financing Program:

The CSBFP is a government program designed to help small businesses access financing for various business needs, including purchasing or improving land, buildings, and equipment. The program aims to make it easier for small businesses to get loans by sharing the risk with lenders.

 

Key Features of the CSBFP:

• Loan Amounts: Up to $1,000,000 for any one borrower, of which no more than $500,000 can be used to finance equipment and leasehold improvements.

• Loan Purpose: Funds can be used for:

  • Purchasing or improving land or buildings used for commercial purposes.

  • Purchasing new or used equipment.

  • Making leasehold improvements to a property the business is renting.

• Eligibility: Most small businesses operating for profit in Canada have gross annual revenues of $10 million or less.

• Interest Rates: Competitive interest rates are negotiated with the lender and can be either fixed or variable.

 

Our CSBFP Services Include:

1. Eligibility Assessment

   • Business Review: We analyze your business to ensure it meets the CSBFP eligibility criteria.

   • Financial Analysis: Our experts conduct a thorough financial analysis to determine the loan amount you can qualify for.

2. Loan Application Preparation

   • Document Compilation: We help you gather and prepare all necessary documentation required for the loan application.

   • Business Plan Assistance: Our team assists in crafting a comprehensive business plan that strengthens your loan application.

3. Lender Coordination

   • Lender Identification: We identify and connect you with participating lenders best suited to your business needs.

   • Application Submission: Our consultants guide you through the loan application submission process to ensure accuracy and completeness.

 

The Benefits of Applying for the CSBFP with Amra Financial:

• Expertise: Extensive knowledge and experience in the CSBFP application process.

• Success Rate: Proven track record of helping businesses secure CSBFP loans.

• Comprehensive Support: End-to-end assistance from initial consultation to approval process.