What is Canada Small Business Financing Program (CSBFP)?
Canada Small Business Financing Program (CSBFP) is delivered by Innovation Canada as a loan (gov't backed). Funding is typically up to $1.15M. This page covers eligibility, intake status, and what an application actually requires.
At a glance
| Funding amount | Up to $1.15M |
|---|---|
| Cost share | Gov't guarantees 85% to lender |
| Level | Federal |
| Program type | Loan (gov't backed) |
| Delivered by | Innovation Canada |
| Available in | All provinces |
| Intake status | Open - Rolling |
| Last verified | 2026-10-05 |
Who qualifies
- Eligible industries: All except farming
- Eligible activities: Real property, equipment, leasehold improvements, working capital (up to $150K)
Watch out for
Gross annual revenue over $10M; farming businesses; THIS IS A LOAN
Deadlines & how to apply
Apply through participating bank/credit union. Sole proprietorships, partnerships, cooperatives and corporations all eligible. Not-for-profit, charitable and religious organizations eligible since June 30, 2021.
How NorthGrants helps with Canada Small Business Financing Program (CSBFP)
Most business owners read about Canada Small Business Financing Program (CSBFP), see the funding amount, and stop. The hard part isn't finding the grant. It's building a complete application that answers what the program asks for.
NorthGrants builds the full application framework for you: a tailored project narrative aligned to this program's evaluation criteria, a budget structure that maps to eligible costs, and the supporting documentation checklist. You review it, refine the parts only you can write, and submit.