Financing a Business

Almost all businesses require some form of financing. Regardless of what stage you are in – whether you’re just getting started or are a seasoned business owner – with a good business plan and experience as well as personal or business equity and collateral, there are resources available that may be able to help with financing your business. 
 

At the Chamber of Commerce, we hear a lot from current and potential businesses about financing needs and start-up costs.  There are tradition methods of financing such as:

• Small Business Loans Associations (SBLA)
• Community Futures SW
• The Canadian Small Business Financing Program (CSBF)
• The Business Development Bank of Canada (BDBC)
• Grants
• HRSDC’s Self-Employment Benefit Program
• Banks and credit unions; which both offer term loans and lines of credit
• Leasing for equipment/capital needs
• Trade credits through suppliers
• Credit cards
• Investors
• Crowdfunding
• Alternative Financing