Maurice
Posted: January 26, 2022

Amount:

No Fixed Amount

Type of Program:

Loan


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:

The Funding Platform for Independent Lenders (F-PIL) is focused on financing through term facilities backed by loans and leases on vehicles and equipment.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must be a finance or leasing company.

Application Steps:

1

Those interested in accessing F-PIL funding through the BDC-TAO Partnership, please contact James Joyce at 416-309-9320 or visit www.taoasset.ca.

Other Things to Note:

  1. 1
    BDC's core business is securitization, a specialized form of financing that they offer to finance and leasing companies through their Funding Platform for Independent Lenders (F-PIL), in partnership with TAO Asset Management (TAO). For smaller, emerging finance and leasing companies with fewer assets, they also offer a secured lending facility under the same platform.
  2. 2
    These are funding options for other lenders which invest in businesses.

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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