Innovation, Science and Economic Development Canada administers the CSBF Program through a network of private-sector lenders in all provinces and territories. Lenders are responsible for all credit decisions, making the loans, providing loan funds, and registering the loans with Innovation, Science and Economic Development Canada. Lenders are also responsible for the administration of loans.
Listed below is a list of participating lenders:

- ATB Financial
- Bank of Montreal
- Caisses populaires Acadiennes
- Caisses populaires de l'Ontario (L'Alliance)
- Canada's Credit Unions
- Canadian Imperial Bank of Commerce
- Canadian Western Bank
- CTBC Bank
- HSBC
- Industrial and Commercial Bank of China (Canada)
- Keb Hana Bank Canada
- Laurentian Bank of Canada
- Mouvement des caisses Desjardins
- National Bank of Canada
- Peace Hills Trust
- Royal Bank of Canada
- Scotiabank
- Shinhan Bank Canada
- TD Canada Trust