OMJ Mortgage Capital has specialized commercial mortgage professionals that deal exclusively with commercial financing. We have a broad range of lenders, both institutions and private . You get the advantage of the best loan rates and the best terms possible.. Hassle free financing, 48-hour turnarounds on loan approvals, and expert guidance throughout the entire process.

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Canada Small Business Loan

Canada’s small business loans are intended to help small business grow, expand, and modernize. How much you can borrow depends on the size of your business. Currently, up to $500,000 can be available for small business financing to businesses with gross annual revenues of $5M and less. The maximum aggregate loan limit may include some of the following conditions:

  • Loan limit of $350,000 for equipment or leasehold improvement
  • Outstanding Small Business Loan Act (SBLA) and Canadian Small Business Financing Act (CSBFA) loans
  • A 2% registration fee may be added to the loan
  • A loan limit for real property or immovable goods, including the total financing for the real property or immovable good and any additional financing costs must not exceed $500,000

Find out more about Canada’s Small Business Financing Program http://www.ic.gc.ca/eic/site/csbfp-pfpec.nsf/eng/Home.

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