BDC Small business loan
$100,000
Loan
Description:
BDC’s Small Business Loan is designed to help businesses quickly and easily access the funds they need with flexible terms they can afford
Comments on Funding:
No application fees. Interest-only payments for the first 6 months
Continuous Intake
Eligibility:
Applicants must:
1. Be based in Canada
2. Be in operation for 24+ months
3. Be generating revenue
4. Have good track record
Application Steps:
Applicants must:
1. Submit a loan request online. Tell about your project and provide information about your business.
2. Talk to a representative. BDC will call you to discuss your project in depth, including the documents needed for our analysis.
3. Get a tailored solution After evaluating your application, BDC will send you a loan offer based on your financial needs and capabilities.
Documentation Needed:
Applicants must submit:
1. Complete and up-to-date business information as listed in your business registry (having a copy of your up-to-date business registry may be helpful).
2. Names, email addresses, home address and mobile phone numbers for the company’s president, members of the board of directors, and shareholders.
3. Business void cheque.
4. 1 piece of government-issued photo ID
Other Things to Note:
About the author
Maurice
