Amount:
No Fixed Amount
Type of Program:
Loan
Description:
The BDC Business Purchase or Transfer Financing program provides funding to entrepreneurs thinking of buying a company, making a merger or acquiring a competitor to expand their business.
Financing can be use to:
- 1acquire fixed assets (purchase land, a building, equipment and shares of an existing business),
- 2buyout a business (secure financing for a family succession, a management buyout (MBO) or to refinance vendor financing (vendor take-back),
- 3acquire intangible assets (access additional financing to obtain intellectual property, goodwill and client lists).
Comments on Funding:
Funding starts at:
The above-mentioned amounts are requested by the online application system when trying to apply.
BDC doesn’t take personal assets as collateral for the loan.
When It Ends:
Ongoing
Deadline:
Rolling Deadline
Eligibility:
Applicant must:
Applications Steps:
Applicant must:
complete an online business loan request providing a few details about the business, the project and contact information;
further discuss with a BDC representative when contacted.
Program Contact:
