CSBFP loan calculator.

Method and limitations

Program figures used (ISED, retrieved October 2026): term loans up to $1,000,000, of which no more than $500,000 for leasehold improvements and new or used equipment and $150,000 for intangible assets and working capital; a registration fee of 2% that the borrower pays and that can be financed; and maximum interest of the lender's prime rate plus 3% on a variable loan, or the lender's single family residential mortgage rate plus 3% on a fixed one. Government coverage on term loans runs up to 15 years for loans made on or after July 4, 2022.

Formulas: registration fee = 2% of the amounts you enter (the tool assumes the fee is figured on those amounts; your lender confirms the base). The payment is the monthly amortization payment on the amounts plus the fee, if financed, at your rate divided by 12.

Worked example: $300,000.00 of equipment and $50,000.00 of working capital, 10 years, 9%, with a 7% reference rate. The fee is $7,000.00, the financed balance $357,000.00, the payment $4,522.33 a month and total interest $185,679.01. The rate cap is 10.00% and no limit is exceeded.

Not calculated: the 2022 ISED bulletin also lists an annual administration fee of 1.25% on term loans. The sources checked do not say how a lender passes it on, so it is left out; ask your lender whether it reaches you. Eligibility (for example gross revenues of $10 million or less), security and approval are the lender's decision. This tool is not run by or connected to the Government of Canada.

FAQ

What is the maximum CSBFP loan?

ISED lists up to $1 million for term loans and $150,000 for lines of credit, $1.15 million in total per borrower. This calculator covers term loans only.

What is the CSBFP registration fee?

2% of the loan, paid by the borrower to the lender, and it can be financed. In the example it is $7,000.00.

What interest rate can a CSBFP lender charge?

Up to prime plus 3% on a variable-rate term loan, or the lender's single family residential mortgage rate plus 3% on a fixed-rate one. Enter your lender's reference rate to see the cap.

How long is a CSBFP term loan?

Government coverage on term loans runs up to 15 years for loans made on or after July 4, 2022, according to ISED. Your lender sets the actual repayment schedule.

Does this calculator apply for a CSBFP loan?

No. Loans come from financial institutions that participate in the program; ISED publishes a lender finder.

Sources

• CSBFP frequently asked questions for small businesses (ISED), retrieved October 2026
• 2022 changes to the CSBFP (ISED), retrieved October 2026
• Helping small businesses get loans, CSBFP (ISED), retrieved October 2026