Changes to the Canada Small Business Financing Program and Impacts on Lending Moving Forward
December 15, 2022
Advocacy

by Cassels LLP

Recent amendments to the Canada Small Business Financing Regulations and Canada Small Business Financing Act resulted in important changes to the Canada Small Business Financing Program.

The amendments make available to lenders and small businesses additional financing products, a new class of loans and increased loan amounts and longer terms. The CSBFP continues to offer federal government-guaranteed financing to eligible Canadian small businesses provided certain eligibility criteria are met – an attractive feature of the CSBFP for lenders and borrowers alike.

Click here to read the full article by Cassels.