Buy an Existing Business with Government Financing up to $500k
Canadian Government Small Business Loans
Buy an Existing Business with Government Financing
If you’re an entrepreneur looking to acquire an existing business, the Canada Small Business Financing Program (CSBFP) can help you achieve your goals. With CSBFP, you can access government financing to fund your acquisition, and our tailored solutions make the process seamless and empowering. Our comprehensive approach helps you unlock CSBFP opportunities and prequalify for the business acquisition of your dreams. So, take advantage of this program and elevate your entrepreneurial journey today.
Business Eligibility
Almost All Small Business Qualify
If you own an existing business or a startup in Canada with annual revenues of less than $10 million, congratulations, we are ready to help you finance your business.*
Examples of businesses we have helped qualify include restaurants, franchises, nail salons, spas, fitness centers, daycare centers, private schools, professional services (accounting/insurance), trucking, wellness centers and chiropractors.
* Certain businesses and projects are ineligible for the Canadian small business loan. Apply today to see if your business qualifies.
Why Grand Commercial Funding Solutions?
Everything that we do at Grand Commercial Funding Solutions is built on the same premise — bring together our years of experience and best-practice development to help Canadian businesses succeed.
Professional Services and Advisory
Experienced Business Consultants
Team of Vetted Professionals
Transparent Consulting Fee
Approval Ready Business Plan
Why Use Canadian Business Financing to Acquire an Existing Business
Advantages of the CSBFP:
Up to 85% of loan is guaranteed by Government & Eligible for forgiveness.
Small business loans are unsecured with limited personal guarantee.
Up to $350,000 for leasehold improvements and / or equipment purchases.
Up to $150,000 for working capital.
Loan payments do not show on your personal credit score
Up to $1,000,000 for real estate purchases
Other Unsecure Loans
The loans are guaranteed by your assets and you personally. The are not forgiven.
Other unsecured loans charge up to 50% interest rates.
The loans are amortized over shorter periods which means higher monthly payments.
Funding against your receivables
Loan payments show up on your personal credit score. Limiting your future.
Real Estate Purchases have to go through commercial mortgages
What You Can Use The Business Loan For
Fund Your Business Growth Today
Access guaranteed funds of up to $1,000,000 (Canadian Federal Government) that you can use for various purposes to grow your business today.
Leasehold Improvements
Up to $150,000 for Working Capital
Buy or Improve Existing Business & Buildings
Buy or Upgrade Equipment
Vehicles for Business Use
Buy or Improve Software Systems
How to Apply for The Canada Small Business Financing Program
Receive Approval in 3 Easy Steps
STEP 1:
Complete our quick pre-qualification assessment form.
STEP 2:
Our professional staff will contact you for pre-qualification.
STEP 3:
We take care of your entire loan application from start to finish.
APPROVED!
Sit back, relax and receive the funds to grow your business.
Small Business Loan Details
Developed To Help Small Business Owners Thrive
Canada business loans are flexible and offer a wide range of features.
Up To $350,000 For Leasehold Improvement And Equipment
Up To $1,000,000 For Purchase Of Commercial Property
Up to $150,000 for Working Capital
7-15 Years Amortization
25% Limited Personal Guarantee
Unsecured. No Personal Assets Pledged
Completely Open
Have a question? Ask us today.
Don’t waste time – this is the best financing solution available to purchase Canadian Businesses.
Canadian Banks That We Work With
Frequently Asked Questions
How do I know if my business is eligible for the Canada Small Business Financing Program (CSBFP)?
What can I use the CSBFP loan for when acquiring an existing business?
CSBFP provides flexibility for financing purposes. You can use the loan to acquire or improve assets necessary for the business, including real estate, equipment, and leasehold improvements. It’s designed to empower your business growth.
How can I apply for CSBFP financing for my business acquisition?
Start by contacting Grand Commercial Funding Solutions and express your intention to apply for CSBFP financing. Work with them to complete the loan application, providing necessary documents and detailing your business acquisition plans.
What sets CSBFP financing conditions apart from other options?
CSBFP offers favorable financing conditions, including lower interest rates and longer repayment terms compared to conventional loans. This makes it an attractive option for entrepreneurs looking to acquire businesses while optimizing their financial positions.
Can I still qualify for CSBFP if I'm acquiring a business in a specific industry, like hospitality or healthcare?
Yes, CSBFP is industry-inclusive. We have successfully assisted businesses in various sectors, including hospitality, healthcare, retail, and more. As long as your business meets the program’s eligibility criteria, you can prequalify for CSBFP financing for your specific industry.
Why Our Clients Choose Us?
Running a business takes courage. We understand the chances you’re taking to build something, which is why we take the time to understand you and your business. By knowing what you want – and where you want to go – we can support you by getting you the right funding for your business. We have decades of experience and deep-seated knowledge of government funding programs and processes. They respect our quality and know that we will simplify funding.
98% Approval Rate on Applications
We know the exact structure and process to get you approved. Our applicant approval rate is 98%.
Professional Experienced Team
Our team consists of experienced professionals from the banking, financial economic and private sector.
Approval Ready Business Plan
We write an approval ready business plan tailored to the needs of the programs and the banks to get you approved!
Fast, Efficient & No Hassle Process
We remove the tedious hours of paperwork to get your funding fast. Your business funding is our priority.
Extended Support after Approval
Our services go beyond financing with full suite of services to meet all your business needs. Our resources are yours.