BDC Wholesale Financing – Indirect Financing

ByMaurice

Description:

The BDC Wholesale Financing scheme helps financial intermediaries get more funding for their customers in order to fill market gaps and increase the availability of capital for Canadian entrepreneurs.

Through Indirect Financing, BDC leverages indirect channels to increase its impact on Canadian SMEs by providing capital to financial intermediaries. By doing so, we encourage other institutions to provide continued economic support to Canadian businesses.

Comments on Funding:

Through the Funding Platform for Independent Lenders (F-PIL), companies can access funding with scalable financial terms for more access to financing and potentially more favourable funding costs.

Eligibility:

The applicants must be:

  • small and medium-sized financial institutions that lend to or assist commercial entities;
  • companies with a demonstrable ability to grow their operations.

Applications Steps:

The applicant must contact James Joyce, BOAT Capital LP, at 416-309-9320.

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.

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