🏠 | Loan | BDC Small business loan

BDC Small business loan

Maurice
By Maurice | May 1, 2025

Amount:

$100,000

Type:

Loan

Description:

BDC’s Small Business Loan is designed to help businesses quickly and easily access the funds they need with flexible terms they can afford

Comments on Funding:

No application fees. Interest-only payments for the first 6 months

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:

Applicants must submit:

1. Complete and up-to-date business information as listed in your business registry (having a copy of your up-to-date business registry may be helpful).
2. Names, email addresses, home address and mobile phone numbers for the company’s president, members of the board of directors, and shareholders.
3. Business void cheque.
4. 1 piece of government-issued photo ID

Other Things to Note:

Web Page:

https://www.bdc.ca/en/financing/small-business-loan
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.