COVID-19 Small Business Loans in Canada

COVID-19 Small Business Loans in Canada

As COVID-19 continues to affect businesses throughout the country, small businesses are taking a substantial hit. Many resources are now available to aid employers and workers experiencing financial difficulty resulting from the pandemic to help pay for daily expenses, including payroll, rent, products, and other bills and obligations.

Table of Contents

Small Business Loans in Canada

This list represents several financial solutions for small to mid-sized enterprises, including small business loans in Canada. Financial resources and support shared here may be subject to change.

Canada Emergency Business Account (CEBA) Interest-Free Loans

Loan Guarantee for Small and Medium-Sized Businesses

Support for Women Entrepreneurs

Business Credit Availability Program (BCAP)

Black Entrepreneurship Program (BEP)

Regional Relief and Recovery Fund (RRRF)

Support for Indigenous Businesses


Grants and Resources for Small Businesses in Canada

Various organizations and the Canadian government offer grants and relief measures for small businesses that cannot pursue other financial pandemic assistance to take care of their operating costs, rental obligations, employee and contractor payments, and sanitation efforts.

Canada United Small Business Relief Fund

Canada Emergency Wage Subsidy

Canadian Emergency Rent Subsidy (CERS)

Small and Medium-Sized Business Recovery Grant