Small business financing profiles : Small and medium-sized enterprises in Ontario

Using data from the SME Financing Data Initiative, this article Non-profit and government organizations, schools, hospitals, provides an overview of the characteristics of SMEs in Ontario subsidiaries, co-operatives, and finance and leasing companies and compares financing activity between the average Ontario are excluded. [...] Ontario National Average According to the 2004 Survey on Financing of Small Source: SME Financing Data Initiative, Statistics Canada, Survey on Financing of Small and Medium Enterprises, 2004. [...] At the same time, External to Levels of Taxation 48 47 63 percent of the SMEs in Ontario that sought the Firm Finding Qualified financing were satisfied with the overall level of Labour 36 37 service provided by their credit supplier (compared Instability of Consumer with a national average of 62 percent). [...] The most frequent OntariO’S finanCing envirOnMent request was to chartered banks (84 percent) as seen in According to the 2005 SME Financing Data Figure 4. The most frequent types of loan applications Initiative Survey of Suppliers of Business Financing, were for fixed assets (44 percent) and working capital approximately $868 billion in debt financing was (63 percent). [...] As was true for the rest of 30 Canada, venture capital activity peaked during the technology boom of the late 1990s and has since 20 moderated, a consequence of the bursting of the technology bubble in 2000.