(COVID-19) Highly Affected Sectors Credit Availability Program (HASCAP) Guarantee
“Business Development Bank of Canada (BDC)”
$1,000,000.00
Maximum Eligible Amount
Repayable Contribution
Fund Type
Businesses heavily impacted by COVID-19 can access guaranteed, low-interest loans of $ 25,000 to $ 1 million to cover operational cash flow needs.
The guarantee covers amounts ranging from $ 25,000 to $ 1 million to ensure a degree of continuity for your business through the pandemic. The Government of Canada has mandated BDC to provide a guarantee to your financial institution for 100% of the value of a new term loan, to increase your company's ability to access new credit.
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