🏠 | Loan | BDC Purchase order financing

BDC Purchase order financing

Amount:

No fixed amount

Type:

Loan

Description:

BDC provides Purchase Order Financing as a recommended solution, offering companies the opportunity to enhance their cash flow. This financing option empowers businesses to meet the demands of substantial orders without jeopardizing their day-to-day operations.

Comments on Funding:

Finance large orders quickly, settle with suppliers directly and take up to 18 months to repay your loan.

Deadline:

Continuous Intake

Eligibility:

Applicants must:

1. Be based in Canada
2. Be in operation for 24+ months
3. Be generating revenue
4. Have good track record

Application Steps:

Applicants must:

1. Submit a loan request online. Tell about your project and provide information about your business.

2. Talk to a representative. BDC will call you to discuss your project in depth, including the documents needed for our analysis.

3. Get a tailored solution After evaluating your application, BDC will send you a loan offer based on your financial needs and capabilities.

Documentation Needed:

No specific documentation has been identified

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.