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Small Business Loan Guarantee Program

Small Business Loan Guarantee Program

Government of Nova Scotia - Economic and Rural Development and Tourism

Applies to: Nova Scotia

As a Nova Scotia resident you may be able to borrow up to $150,000 from your local credit union to start or grow your business. The loan is intended to fund working capital needs or to be used as a line of credit and is available to most types of enterprise.

Details include:

A maximum repayment term of seven years
An annual administration fee of 1% on the value of the loan
Terms, conditions and interest rates are to be negotiated with the credit union

Your application will be based on your business plan and viability. You can access support to strengthen your plan.

Other conditions apply.

Learn more

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