Canada Small Business Financing Regulations (SOR/99-141)

6.1 For the purposes of paragraph 4(2)(e) of the Act, a borrower is eligible for a loan on application to a lender if

• (a) in the case of a loan referred to in any of paragraphs 5(1)(a) to (d), the outstanding loan amount in relation to the borrower does not exceed $1,000,000, of which a maximum of $500,000 is for a purpose other than the purchase or improvement of real property or immovables of which the borrower is or will become the owner and, of that $500,000, a maximum of $150,000 is for the purpose of financing the purchase of intangible assets and working capital costs; or

• (b) in the case of a loan referred to in paragraph 5(1)(e), a maximum of $150,000 is for the purpose of financing working capital costs.