Loan
Start-up financing
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.
- 4.5/5.0
- Business Development Bank of Canada (BDC)
- All levels
- Last updated 1 month ago
- English
Description
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.