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E2
Understanding the CSBFP
The mechanics of the Canada Small Business Financing Program — Industry Canada’s role, the lender’s role, and how the government guarantee actually works.
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What you’ll know after this video
- Identify the three parties (borrower, lender, government) and what each one does
- Understand why the lender — not the government — makes the credit decision
- See how the guarantee changes the lender’s risk math