Canadian Small Business Financing Program (CSBFP) Loan
Get your small business growing with CSBFP.
The funding you need
Qualified entrepreneurs can apply for financing to establish a start-up or improve their small business.
Less risk, more opportunity
With ATB and Innovation, Science and Economic Development Canada working together to manage your risk, you can focus on what you do best—running your business.
The tools to build your dream
Get expert advice and connect with other Alberta entrepreneurs with ATB X.
Key product details
| Maximum funding amount | $1.15 million, including: $1 million for term loans with up to $500,000 for equipment and leasehold improvements and $150,000 for intangible assets and working capital cost. A $150,000 line of credit for working capital costs. (This is completely separate from the $150,000 portion of the loan mentioned above.) |
| Maximum loan term | Term loan: Max term of 15 years. Terms will vary deal by deal and will be determined by your banker. Line of credit: Max term of five years. |
| Interest rate | Determined by your banker in accordance with program guidelines. |
| Fees | 2% registration fee with the ability to finance. Other loan application fees may apply. |
Frequently Asked Questions
Any new or existing small business operating in Canada with gross annual revenue under $10 million qualifies for this loan. This includes sole proprietorships, partnerships, corporations and qualifying cooperatives. In 2021 the Government of Canada updated the CSBFP definition of “small business” to include not-for-profit, charitable and religious organizations that carry on businesses. For more on eligibility, refer to the official CSBFP website.
The maximum loan amount for a borrower is $1.15 million which includes the following:
- $1 million of this is a term loan, which includes up to $500,000 for equipment and leasehold improvements and $150,000 for intangible assets and working capital costs.
- The remaining $150,000 is a line of credit for working capital costs. (This line of credit is completely separate from the $150,000 portion of the term loan mentioned above.)
Please note that the maximum amount that a borrower can have at any time includes the total of outstanding principal balances of all other CSBFA term loans. Also, if the registration fee is financed, the maximum loan amounts would include the amount of the registration fee.
To learn more, visit the Government of Canada’s CSBFP website.
Ineligible expenses include borrower's labour, pre-existing term loan, pre-existing line of credit, shares, vendor take-back financing, exchange or barter. Farming, and commercial or residential rental properties also don’t qualify for this loan. You can find more on the Government of Canada’s CSBFP website.
And don’t worry if your business is not eligible. Your ATB business banking team can help you find other sources of funding.
Make informed financing decisions.
Our Business & Ag Loan Calculator empowers you to explore various loan scenarios so you can take your next step with confidence.
Connect with an expert.
Starting or growing a small business takes courage—and financing. Working with the federal government, we're here to help you thrive!
Find the right loan for your business.
Stay ahead of the pack
Business Term Loans
Keep your business competitive and move forward with confidence. Partner with ATB to expand, renovate or purchase capital assets.
Realize your vision
Growth Loan
Let ATB help you turn your dreams into reality with some working capital to drive business growth.
We've got your back
Canadian Small Business Financing Program Loan
ATB and Industry Canada work together to help entrepreneurs get started or grow their businesses.
Get fast access to funds
Evergreen Financing
Stay ready for business opportunities that just can’t wait with quick access to additional funds—available throughout the year.
Get the right tools
Equipment Financing
Financing and leasing solutions for any industry to secure all your new or used equipment needs.
Can be included in the financing if there are funds available, otherwise an additional cost. Funds are limited to the cost of eligible assets, with proof of purchase required.
Related documents: Additional Services and Associated Charges, Business/Agriculture Account Agreement