What is a Master Business License?
A document that is needed for sole proprietors or business owners. The document may be requested by the lender as proof that the applicant (Borrower) owns the respective business. It serves as proof that the business is operational and registered.
How do you get it?
The business owner or business owner’s lawyer should have a copy
If you do not yet have a Master Business Licence, you can register for one on the Ontario.ca website.