More credit available for restaurants

(Apr. 20/09) In response to CRFA’s proposal to increase the maximum loan guarantee for foodservice businesses under the Canadian Small Business Financing Program (CSBFP), the federal government has agreed to boost the maximum loan guarantee by $100,000 to $350,000.  This new limit rises to $500,000 for loans used to acquire real property. 

These changes came into effect April 1. 

For more information about these changes and about the CSBFP, please see the links below: