BDC Technology financing

ByMaurice

Description:

BDC’s Technology financing helps companies invest in the technology they need in order to increase productivity and become more efficient and profitable.
The capital can be used to buy hardware, software or ITC advisory services.

Comments on Funding:

Financing is up to 100% of the cost of the project and starts at $100,000. Preferred terms and conditions for loans over $350,000 apply.

Eligibility:

Applicants must:

  • have been in operation for at least 24 months;
  • be Canadian citizens or permanent residents;
  • have reached the age of majority in the province or territory in which they live.

Applications Steps:

Applicants must:

  1. complete an online business loan request providing a few details about the business, the project and contact information;
  2. further discuss with a BDC representative when contacted.

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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