BDC Indigenous Entrepreneur Loan
BDC offers the Indigenous Entrepreneur Loan with financing of up to $350,000 to grow or scale your business.
Offered by Business Development Bank of Canada (BDC)
Amount
Up to $350,000
Loan financing of up to $350,000 to grow or scale your business (borrowing amounts between $100,001 and $350,000), with preferred rates and no processing or annual administration fees
Quick eligibility check
Who can apply
*To apply for a BDC loan you must be a Canadian citizen or permanent resident and have reached the age of majority in the province or territory in which you
live.
They may be able to help you with programs designed for start-up businesses. BDC provides financing for businesses that have been in operation at
least 12 months.
Thinking about a loan? Make sure you and your business meet our minimum requirements.
Canadian-based
Your business is registered in Canada, even if you do business elsewhere.
Earning revenue
Your business has recorded sales.
Good credit
Your personal and business credit are in good standing.
Of legal age
All shareholders are of legal age in their province or territory.
Business bank account
Your business has an account with a financial institution.
About the funding
Flexible repayment terms
Help protect your cash flow
Preferred rates
Plus no processing or annual administration fees
Show all funding details
A loan that gives back to charity
BDC will give back part of the interest paid on the loan to a registered charity of your choice
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| BDC Newcomer entrepreneur | Loan | Up to $50,000 | Open |
| BDC Purchase order financing | Loan | Finance up to 90% of the order value (excluding taxes, deposits and other payments received from the buyer), with up to 18 months to repay the loan | Open |
| BDC Wholesale Financing: Syndicated Financing | Loan | No fixed amount | Open |
| EDC Direct lending | Loan, Loan Guarantee | Direct loans that typically start at $1 million, structured to match your business needs, priced in line with commercial market rates | Open |
