Small Business Loans in Canada
Canada does its best to offer its many small business owners with resources and opportunities to run successful small business. This is demonstrated, as in 1961 the Small business Loans Act introduced the small business loans program. And in 1999 the act was revised to produce the Canada Small Business Financing Act (CSBF). This program states its objective as “to streamline loan administration, improve its ability to achieve cost recovery and to extend financing that would otherwise have been unavailable to small-and medium-size enterprises.”