BizSugar.com › Raising Capital › Understanding The Canadian Small Business Loans Financing Act (CSBFA)

The Canadian Small Business Loans Financing Act (CSBFA) is a Federal Government program that is meant to make it easier for small businesses to access the money they need to grow. This program provides a level of insurance against default by the borrower, which protects the lender. This allows banks to lend a higher percentage of the purchase price than normal.