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Small Business Financing

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small business financing

Helping you start, purchase or grow your business

Canada Small Business Financing Loan (CSBFL)

With a CSBFL, TD Canada Trust and the Government of Canada work together to help you with the financing of your existing business or start-up. A CSBFL can help you get the loan you need to expand, purchase, or improve the fixed assets within your business.

Features of the CSBFL include:

  • Loan amounts available up to $1,000,0001
  • Financing available for up to 90% of the "Eligible Costs"2 of eligible assets financed
  • Monthly repayment frequency with a choice of terms, up to a maximum of 10 years on loans for equipment and/or leasehold improvements and up to a maximum of 15 years on real property secured or owner occupied real property improvements. A repayment schedule reflecting an amortization of up to 20 years may be available for real property loans.3
  • Competitive fixed and floating interest rates are available
  • Personal guarantee required, starting at 25% of the loan amount4

Do you qualify?

Here are some of the government's requirements5 for a CSBFL:

  • Your business operates or is about to operate in Canada
  • Your business’s annual gross revenue is less than $10 million in the year you apply
  • Your business is for profit, and is not a farm, charity, or religious enterprise
  • The assets purchased or improved must be used in your business

For more information about government requirements,
visit the Industry Canada web site.

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