Canada Emergency Business Accounts On March 27, 2020 the Government announced (along with other announcements) that the business will have access to the Canada Emergency Business Account (CEBA) through the financial institutions.  Basics of CEBA $40,000 government guaranteed loan to help eligible businesses pay for operating expenses, payroll and other expenses CEBA will be funded a revolving line of credit for $40,000 until December 31, 2020 After December 31, 2020, any outstanding balance will be converted into a non-revolving 5 year term loan WITHOUT INTEREST until January 1, 2023 (see notes on interest below) The term loan will mature on