Financing is always a crucial yet difficult part of starting a business. This page contains resources and links to help you out. Already have your finances sorted out? Click the button below to get additional helpful resources and advice.

Financing Options

When starting your business, you have to choose whether you want to use equity or debt financing.

Both methods have their pros and cons, so it is important to do research before determining which method is the most appropriate for your business. Here’s somewhere you can start: click here.


your funds are borrowed from financial institutions (banks, credit unions, etc.) and you must eventually pay back your loans


your funds stem from investors, who will give you money in return for a portion of your business


Below is a non-exhaustive list of some places where you get grants or subsidiaries for your small business.

Canada Small Business Financing Program

The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. The maximum loan amount for a borrower is $1.15 million.
• Up to a maximum of $1,000,000 for term loans for any one borrower, of which no more than $500,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment and of that amount, a maximum of $150,000 could be used for intangible assets and working capital costs.
• Up to a maximum of $150,000 for lines of credit.
Financial institutions deliver the program and are solely responsible for approving the loan. For more information download their PDF pamphlet or click here to find a lender near you. Find here.


Crowd sourcing for startup businesses, in which the poster can put their project on the platform for the public to pledge money to support the project. Creators choose a deadline and minimum funding goal – if the goal is not met by the deadline, no funds are collected. Find here.

Workplace Accessibility Grant

Up to a maximum of $1000 per business; used to create an inclusive work environment for persons with disabilities. Find here.

Business Development Bank of Canada (BDC)

Has multiple financing solutions for entrepreneurs for projects and working capital. Find here.

Innovator Skills Initiative

Up to a maximum of $10,000 to help employers hire new employees and o help under-represented people get their first job in BCs tech sector. Find here.

Black Entrepreneurship Loan Fund

Developed by the government in partnership with the Federation of African Canadian Economics. Provides up to a maximum of $250,000 for Black business owners and entrepreneurs. Find here.

First Citizens Fund Business Loan Program

Available to Indigenous entrepreneurs in BC. Find here.


Provides financing, mentoring and support tools to aspiring entrepreneurs aged 18-39. Find here.

You can also use the Business Benefits Finder to help you find targeted services for your specific needs, including information about funding and loans, tax credits, subsidies, expert advice, and more.