Business Development Bank of Canada

Introduction

The Business Development Bank of Canada (BDC) is a financial institution wholly owned by the government of Canada. BDC's mandate is to help create and develop Canadian small and medium-sized business. The Bank provides financial solutions and customized services to meet the individual needs of entrepreneurs at every stage of their business development. In addition, BDC offers subordinated financing and capital risk financing.

Financial Services

BDC looks at your whole project, its viability, your management team, and your company's financial strength, commitment, and future prospects. This allows BDC to be more flexible, take greater risks, and to help an increasing number of innovative Canadian businesses prosper in today's global economy.

Consulting Solutions

BDC offers customized consulting solutions for the complex challenges you face everyday as a Canadian entrepreneur.

Its national network of professional business advisors can help you assess, plan, and implement results-driven, cost-effective management solutions, whatever your company's development stage.

Whether it's through individual consulting, group training, or a combination of both, BDC's Consulting Group helps innovative Canadian business succeed.

Subordinate Financing

Against all odds, you've made it this far and yet, you need to bring your company to the next level - to really make your dream company a reality. Your company may be a good candidate for subordinate financing from BDC.

Subordinate financing mimics debt financing because the borrower has the obligation to repay the loan. Moreover, part of the cost is in the form of a fixed interest coupon (a deductible expense.) Subordinate financing also has characteristics similar to equity financing in that the repayment of the loan is based on cash flow, rather than depreciating company assets, and because it is subordinated to secured lenders. Subordinate financing has also been referred to as "Subordinated debt", "Mezzanine financing", "Structured equity", "Equity linked notes" and "Quasi-equity".

BDC does not offer subordinate financing to companies in financial distress. Subordinate financing is not offered to start-up companies.

Venture Capital

BDC Venture Capital is a major venture capital investor in Canada, active at every stage of a company's development cycle, from start-up through expansion. Its focus is on technology-based businesses with high growth potential that are positioned to become dominant players in their markets.

For more information, visit BDC Web site.

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