It's pretty close, yes. It's prime plus 2.75% or prime plus 3%. It's primarily because they're a riskier clientele as well.
On May 17th, 2021. See this statement in context.
On May 17th, 2021. See this statement in context.
May 17th, 2021 / 3:20 p.m.
Manager, Policy, Canada Small Business Financing Program, Department of Industry
It's pretty close, yes. It's prime plus 2.75% or prime plus 3%. It's primarily because they're a riskier clientele as well.
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