Yes, but your application will be less competitive without proof of financial capacity.
Financial Requirements
You must show that you can cover your share of project costs. Provide at minimum:
A term sheet, bank statement, or similar financial document
A letter confirming you have sufficient funds
Reimbursement Model
CFIN is a reimbursement program. This means:
You must pay all project costs upfront
You submit claims quarterly
Reimbursement can take up to 16 weeks
CFIN does not provide advances
If you cannot carry costs during this period, your application is at a disadvantage.