Start-up financing
“Business Development Bank of Canada (BDC)”
The funder does not disclose this information
Maximum Eligible Amount
Loan
Fund Type
One of the biggest challenges for small businesses is getting adequate financing. That's why BDC's start-up financing is designed to provide a complete solution to help entrepreneurs achieve their goals. For a new business in the start-up phase or first 12 months of sales, we can provide funds to invest in: Working capital to supplement an existing line of credit; Fixed assets; Fund marketing and start-up fees; A franchise purchase; Consulting services.
- Depending on your situation, BDC loans may be able to offer: Progressive or seasonal repayment options tailored to your business' cash flow; Possibility of deferred capital payment; Guaranteed term: financing cannot be recalled without due cause; Your choice of floating or fixed interest rates; Fast-track, no penalty repayment options up to 15% of remaining balance per year.
- Financing possibilities: Working capital to supplement an existing line of credit; Acquiring fixed assets; Marketing and start-up fees; and Buying a franchise.
- BDC offers: Long-term financing; Consulting services to support your business goals; Start-up tools (Business plan, Entrepreneurial self-assessment); and Benefit from BDC's extensive experience in helping innovative start-ups.