Cpa Kaival PatelDirector, Profuture Tax Academy · Helping Small Business, CPA & Bookkeepers to Grow

Loan Facility for Restaurant and Business Owners

Name: Loan Facility for Restaurant and Business Owners
Uploaded: 2023-08-10T16:23:38+00:00
Duration: 57 s
Channel: Cpa Kaival Patel
Description: In this brief video, the presenter announces a loan facility under the Canada Small Business Financing Program aimed at newly incorporated businesses…

10 Aug 2023 · 1 min

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0:57

In this brief video, the presenter announces a loan facility under the Canada Small Business Financing Program aimed at newly incorporated businesses, especially restaurants. The program offers up to $500,000 for equipment purchases or lease‑hold improvements, a $150,000 line of credit, and up to $1 million for commercial real‑estate acquisition. The speaker invites viewers to book a 15‑minute introductory meeting (link in the description), encourages comments and subscriptions, and promises a more detailed follow‑up video.

Chapters

If you are planning to buy, open, or expand your existing restaurant or any other businesses, you are in luck today because there is a loan facility available for the businesses who recently incorporated, like last week incorporation. It is called Canada Small Business Financing Program, under which you can get up to $500,000 to purchase your equipments or to get your leasehold improvements done. Also, there is a $150,000 line of credit available under the same, and you can get up to $1 million to purchase any commercial real estate property under it. So if you want to buy, open, or expand any restaurant or any other businesses, feel free to book a 15-minute introductory meeting with us. Link in the description. And comment if you like this video. I will make a detailed video about this facility on it. Subscribe and follow for more informative videos like this. Thank you.