BDC Commercial real estate loan
Whether you're planning to renovate your offices or invest in a new warehouse, our Commercial Real Estate Loan adapts to your specific needs. Get great flexibility with an amortization period of up to 25 years and a variety of options that match your repayments to your business's reality.
Offered by Business Development Bank of Canada (BDC)
Amount
Typically starts at $100,000 and can go up to several million dollars; financing of up to 100% of the project cost, interest-only payments for up to the first 36 months, and up to 25 years to repay
Quick eligibility check
Who can apply
- Location: Based in Canada
- Time generating revenue: 24 months +
- Profitability: Generating revenue
- Credit history: Good track record
- Any Canadian entrepreneur with a viable business plan can apply
- Location: Your business must be registered and active in Canada
- Time in business: Typically operating and generating revenue for at least 24 months
- Financial health: Demonstrate profitability (or a clear path to it)
- Credit history: A good track record for the business and its owners
- Owners, CEO, and shareholders: Must have reached the age of majority
- Clear purpose: Financing is intended for property acquisition, construction, renovation, or other related expenses
- Business plan: A solid plan with realistic projections and clear objectives is essential
- Collateral: Usually requires the property itself and may also require a personal or corporate guarantee
- Other factors—such as your industry, project feasibility, and how quickly you provide required documents—can also influence approval
- Businesses are not eligible if they: Promote violence or cruel behaviour: Organize, produce, advertise, sell, or disseminate intense violent content (18+ or unrated content); Incite hatred or cruel behaviour; Discriminate based on race, national or ethnic origin, colour, religion, sex, age and/or mental or physical disability; Participate, support, engage or indirectly promote any form of human rights abuse; Operate a business organizing or perpetrating violent or cruel behaviour. Engage in sexual exploitation: Operate any form of sexually exploitive business such as an escort service, brothel, erotic massage parlour, strip club, swinger’s club, or motel that rents rooms by the hour. Promote sexually explicit content: Produce, advertise, sell or disseminate pornographic content or sexually explicit content (18+ or unrated content)
- If a business participates in any of the following industries or activities, they're not eligible: Charitable, religious, and fraternal organizations; Unions, political/lobbying, and advocacy organizations; Government ownership; Private schools; Medical and personal care, nursing, and rehabilitation centres; Market speculation activities; Residential properties; Drug industry: marijuana/cannabis or related products/services industry; Virtual currency and Non-Fungible Token (NFTs); Financial services or similar activities; Bars, lounges, or similar establishments; Gambling operations
Who can't apply
- This loan doesn’t cover the construction or operation of private schools, retirement homes or projects zoned for residential use
About the funding
Take the stress out of buying real estate with help from BDC. Pay only interest for up to the first 36 months and cover related costs like downpayments and renovations.*
Get great flexibility with an amortization period of up to 25 years and a variety of options that match your repayments to your business's reality.
Breathe easy with interest-only payments
Take a break on us and pay only interest for up to the first 36 months of your loan.
Show all funding details
Minimize your downpayment
Depending on your project, get financing of up to 100% of the project cost to cover expenses like moving costs and downpayments.
Repay, your way
Match payments to your cash flow cycle to avoid using money needed for your day-to-day activities and take up to 25 years to repay your loan.
What is the minimum and maximum loan amount for this product?
BDC’s Commercial Real Estate Loan typically starts at $100,000 and can go up to several million dollars, depending on your project and eligibility. The amount approved will depend on factors such as your business’s financial health, cash flow, and growth potential.
This loan can help you:
- Buy commercial land or buildings
- Cover construction costs
- Expand or renovate your existing premises
- Replenish working capital depleted by real estate costs
- And more**
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