BDC Financing

With over 90 branches across Canada, the Business Development Bank of Canada (BDC) is a financial institution offering flexible, long-term financing and consulting to small and medium enterprises. BDC also offers venture capital and subordinate financing to high-growth firms. The long-term loans can help businesses increase their working capital and purchase fixed assets.

Eligibility Criteria

Companies with growth potential, a solid business plan, sound management team and a viable strategy may be eligible. To be accepted, entrepreneurs need to have a commercially viable project. The BDC considers each request case by case.

Eligible Activities

Activities can be:

• business expansion and improvements;
• facility overhauls;
• purchase of existing businesses;
• refinancing of loans;
• acquisition of fixed assets;
• reconstitution of depleted working capital;
• financing for the expansion of sales.

Summary

Financing possibilities:

• Increase inventory to boost sales and receivables
• Provide working capital required to develop new markets and products
• Pay R&D costs associated with introducing these new products or services
• Finance development of e-commerce initiatives, such as websites and software integration
• Implement a marketing plan or growth strategy
• Explore new export market
• Adopt quality management standards, such as ISO certifications and HACCP
• Consulting services to help evaluate your export and technology needs in order to improve the overall efficiency and productivity of your business

New Brunswick Contact(s):
See National Contact.

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National Contact(s):
Head Office
Business Development Bank of Canada
Suite 400
5 Place Ville Marie
Montréal, Quebec  H3B 5E7
Fax: 1-877-329-9232
Toll-free (information): 1-877-BDC-BANX (1-877-232-2269)
E-mail: info@bdc.ca
Web site: http://www.bdc.ca/en/home.htm