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Grow your business with a Canada Small Business Financing Line of Credit (CSBF LOC)
With a Canada Small Business Financing Line of Credit, TD Canada Trust and the Government of Canada work together
to help finance the working capital needs of your business and fund day-to-day operating expenses.
Want to know more?
Here’s what we offer
- Line of credit of up to $150,0001 2
• This is in addition to the $1,000,000 Canada Small Business Financing Loan maximum
- Maximum term of five years, with options to renew for another five years, or convert to a term loan2
- Registration fee is 2% of the total authorized line of credit amount2
• You can pay the fee upfront or finance it using the line of credit, provided you do not exceed the maximum authorized line of credit limit
Eligibility Requirements5 for a CSBF LOC
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Your business operates or is about to operate in Canada with assets held in Canada for the purpose of operating the business (includes not for profit, charitable and religious organizations)
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Your business has an annual gross revenue of less than $10 million, in the year you are approved
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Your business offers its services or products to the public, and is not a farming business
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Eligible working capital costs must be incurred not more than 365 days before the line of credit is approved
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Personal guarantee(s) and business asset security are required3
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For more information and additional government requirements, visit the Industry Canada website
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