Loan amount
$1.15M
Maximum combined term loan and line of credit, subject to approval.
The program
What is the Canada Small Business Financing Program?
The Canada Small Business Financing Program (CSBFP) helps small businesses access loans from financial institutions by sharing the risk with lenders — making approvals more attainable for growing companies.
Lender-led
Applications are assessed by participating financial institutions.
Business-first
Start with the purpose and affordability of the investment.
Term loans
$1M
Maximum term financing, subject to eligible-cost limits and lender approval.
Line of credit
$150K
Access up to a $150,000 credit line.
How it works
Apply with OneHub.
Prepare your financing request and understand the lender’s decision process.
- 01
Book an online appointment
Start with a quick call so we understand your business and goals.
- 02
Discuss lender options
Discuss participating lenders and their requirements for your project.
- 03
Prepare your business plan
Prepare a business plan and supporting documents for the lender to assess.
- 04
Receive funds in your account
Once approved, funding is deposited directly to your business account.
Where the funding goes
What the loan can be used on.
Flexible financing across the investments that help a business open, upgrade, and scale.
Start a free consultation- Purchase or improve land or buildings for business use.
- Purchase or upgrade new or used equipment.
- Purchase or improve new or existing leased property, including tenant renovations.
- Computer or telecommunications equipment and software.
- Intangible assets and working-capital costs.
- Eligible assets associated with a franchise project; confirm each cost with your lender.
Discuss participation and available products with your bank
RBCBMOTDScotiabankCIBCNational Bank
Meet Eddie Lee
Discuss your business plan with Eddie Lee.
Eddie Lee is the founder and CEO of OneHub. Discuss your business, financing objectives, and the information needed to prepare for a lender conversation.
What to expect from the call with Eddie
- Your eligibility for applying for this loan.
- The best solutions for obtaining the ideal loan amount.
- A clear explanation of the loan application process.
- Interest rates and the true cost of acquiring the loan.
- Business planning guidance for the lender discussion.
- Answers to any questions you have about the loan.
Business planning support
Why work with OneHub.
A clear business plan helps explain the investment, the assumptions behind it, and the questions that still need to be resolved.
Plan
Clarify the investment and its business purpose.
Prepare
Organize the information your lender needs.
Review
Understand the proposed costs and conditions.
Good to know
Frequently asked questions.
Program information checked September 11, 2026 against ISED’s official CSBFP guidance. Confirm current terms with your lender.
Who can apply?
Most Canadian small businesses and start-ups with gross annual revenues of $10 million or less can apply, including eligible non-profits and charities. Farming businesses are excluded. The lender assesses the application.
How much financing is available?
The combined maximum is $1.15 million: up to $1 million in term loans and $150,000 in a line of credit. Cost-category limits apply. These are program ceilings, not an approved amount for every borrower.
What should I prepare?
Start with a business plan, the purpose of the financing, cost estimates, and available financial information. Ask your lender which documents, borrower contribution, and security it requires.
How long does approval take?
Timing depends on the lender, project, and completeness of the application. Agree on the next steps with your lender; OneHub cannot guarantee an approval date or funding outcome.
What interest and fees apply?
Variable term-loan interest is capped at lender prime plus 3%; the fixed-rate ceiling is the lender’s residential mortgage rate plus 3%. Lines of credit have a prime-plus-5% ceiling. A 2% registration fee and lender fees may apply. Request a written cost breakdown.
Who makes the lending decision?
The participating financial institution decides whether to lend. OneHub provides advisory support and does not approve or issue the loan.
A funding request is easier to assess when the purpose, costs, and repayment assumptions are clear. OneHub helps you prepare for that conversation; the lender decides whether to approve financing.
Organize your financing discussion
Prepare an outline of the business, what the funds would pay for, and the amount you are seeking. Gather available financial statements, forecasts, supplier quotes, and relevant lease or purchase information. Ask the lender for its document requirements before paying for reports or committing to a transaction.
Keep the business plan connected to operations
Explain how the proposed investment would work in practice: who will run it, what resources it needs, and how it fits the business. For an expansion or franchise project, consider the operating plan alongside the financing request.
Ready when you are
Let’s check your eligibility.
Book a free consultation to discuss your financing needs and preparation.