Comments on Funding:
Funding takes the form of loans and starts at $100,000.
Loan terms and conditions:
- the possibility to postpone principal payments at the start of the loan;
- a customized repayment schedule.
- are Canadian citizen or permanent residents, and
- have reached the age of majority in the province or territory where they live.
Other Things to Note:
BDC also offers solutions that protect cash flow and support tech businesses at all stages, including those with a recurring fees revenue model. This applies to businesses with monthly recurring revenues of $50,000 or more. Other financing solutions are available for businesses whose monthly recurring revenues are less.