Vijenthiran Vijayaratnam
AMP # M08002899
Canada Small Business Financing Program

The Canada Small Business Financing Program seeks to increase the availability of loans for establishing, expanding, modernizing and improving small businesses. It does this by encouraging financial institutions to make their financing available to small businesses. Under the Program, a small business must apply for a loan at Vijay financial Depot Application is not made to the Canada Small Business Financing Program Directorate.

About the Program

businesses are an important part of Canada’s economy, but they face unique challenges when they look for financing. The Canada Small Business Financing Program helps you with your financing needs. Under the program, the Government of Canada makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders.

The program’s main objectives are:
  • to help new businesses get started and established firms make improvements and expand
  • to improve access to loans that would not otherwise be available to small businesses
  • to stimulate economic growth and create jobs for Canadians
  • On average, the program helps small businesses access 10,000 loans worth more than $1 billion each year.
Who is eligible?
Small businesses operating for profit in Canada, with gross annual revenues of $5 million or less.

How much financing is available?
Up to a maximum of $500,000 for any one business, of which no more than $350,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment.

What can loans be used for under this program?
Loans can be used for financing up to 90% of the cost of:
  • purchasing or improving land, real property or immovables
  • purchasing leasehold improvements or improving leased property
  • purchasing or improving new or used equipment
For example, you can use a loan to finance:
  • buildings and land
  • commercial vehicles
  • hotel or restaurant equipment
  • computer or telecommunications equipment and software
  • production equipment
You cannot use a loan to finance items such as:
  • goodwill
  • working capital
  • inventories
  • franchise fees
  • research and development
What are the terms of the financing?
Lenders are required to take security in the assets financed. Lenders also have the option to take an additional unsecured personal guarantee, which cannot exceed 25% of the total amount loaned.

For more information, please contact vijay financial depot.

Do You Want $300,000 Worth of Small Business Loans, NO Collateral need?

We offer ways to get unsecured business lines of credit and new small business loans that anyone can qualify for.
Our small business funding sources and services include:

  • Small Business Loans
  • Small Business Lines of Credit
  • Small Business Credit Cards
  • Equipment Leasing
  • Small Business Incorporation Services
  • Small Business Tax Consulting

Our company specializes in assisting new small business owners in securing business loans even when they don’t yet have proven business revenue.

Commercial Real Estate Mortgage
Purchase, refinance or improve owner-occupied, commercial and/or investment properties.
  • Up to $500,000 loan amounts2
  • 5-10year term, with up to 20-year amortization
  • Fixed interest rate
  • Secured by real estate
Benefits of buying new commercial real estate with a purchase mortgage loan from Vijay Financial Depot
By getting a purchase mortgage loan from Vijay Financial Depot, you have the option of making 'no down payment' or a 'tiny down payment' on the new commercial property you're buying. So, you can save your money to develop the new real estate you've purchased and increase its value immediately.

Get your commercial purchase loan today: just fill out the mortgage application.

Buy rental property with commercial purchase mortgages
Buy new rental property with a purchase mortgage loan from Vijay Financial Depot and make money! How?

When you purchase a rental property with a mortgage loan, you can rent or lease it out right away at a price that will cover or exceed your mortgage loan payments and maintenance costs. And then, watch your tenants pay off your purchase mortgage loan for you.

You'll become a property owner and a money-maker without having to make any mortgage loan payments at all. So get a rental property now! Just apply for a purchase mortgage loan!

Benefits of buying a rental property with a purchase mortgage loan from The Mortgage Store Online:

By using a purchase mortgage loan to buy commercial rental properties, you can make wise property investments for your children. Renting out a commercial property now means it will be paid off by your tenants by the time your child is grown. Then they can have a way of making income while they start education or work.

Looking to retire someday? Having income from a commercial property can be a perfect way to retire in comfort. Use a purchase loan to get rental property now, in order to have your tenants pay off your property by your retirement. When you're finally retired, you'll be making pure and ongoing profit.

Get a commercial purchase loan today! Just fill out the mortgage application.
585 Middlefield Road, Suite 16.
Toronto, ON. M1V 4Y5
Tel: 416.732.7784
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