Banking and Finance
There are generally three main financing options that businesses in Canada can choose from to raise capital:
- Debt Financing
Funding that comes from loans or other investments made to a company from a bank or other external financial source. Such loans are usually prearranged with scheduled repayment schedules. Debt financing is so named because it places the company in a debt situation until such time as the loans are repaid.
- Equity Financing
This type of financing comes from personal funds that are made available for a company. Such funds typically do not have any claim over company assets, allowing such assets to be used as collateral for any debt financing that needs to be secured. - Government Financing
Funding that is provided by a government agency, usually in the form of grant or other financial assistance programs for specific business projects or for particular businesses operating in certain industry sectors.
Date Updated: May 27, 2008
RDP-982
