Having a business bank account is required to take advantage of business financing products. If you have not set up one, here is a simple guide on how to open a business bank account:
The first thing you need to do is to prepare all the necessary documents before going to a business bank nearest you. These documents are fixed across all types of businesses. Prepare two of the following documents:
Canadian permanent residence card
Passport (of any nationality but preferably Canadian)
Health card
Canadian Military identification card
Birth certificate
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