Business Development Bank of Canada (BDC) Business Purchase or Transfer Financing
no fixed amount
Loan
Description:
Businesses looking into acquiring a company, engaging in a merger, or expanding by acquiring a competitor can turn to BDC for Business Purchase or Transfer Financing. Business owners are advised to seek the necessary financing and support from experts. This approach ensures a seamless transaction that benefits both the acquiring business and the one being acquired.
Comments on Funding:
Funding takes the form of a loan. Take advantage of preferred terms and conditions for loans over $350,000.
Continuous Intake
Eligibility:
Applicants must:
1. be Canadian-based businesses;
2. be Canadian residents;
3. be in operation for at least 12 months and generating revenues;
4. have reached the age of maturity in the province or territory where they reside.
Application Steps:
Apply online.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice