BDC Working capital loan

Who can apply

1. Location: Based in Canada
2. Time generating revenue: 12 months +
3. Profitability: Generating revenue
4. Credit history: Good track record
5. Eligibility for a working capital loan depends on factors such as your business’s financial situation, operating history, and the purpose of the financing
6. Each application is reviewed individually to determine whether the financing structure aligns with your business needs and cash‑flow reality
7. To qualify for a BDC business loan, you need to meet these key requirements: Canadian operations: Your business must be registered and active in Canada. Minimum time in business: Typically, your business should be operating for at least 12 months. Certain loan types may have different requirements, and some businesses may qualify based on a strong plan and projections. Revenue requirements: Demonstrate consistent revenue or a clear path to generating income. Generating profits: Your business should show profitability or a clear path toward it. Cash flow capacity: Show that you can manage repayments comfortably. Credit history: A good credit score helps, but BDC evaluates your overall financial health and growth potential—not just the number in your credit report. Business plan: A solid plan with realistic financial projections and clear objectives is essential. Ownership: Owners and shareholders must have reached the age of majority
8. BDC's main eligibility criteria: A Canadian-based business; Between 12 and 24 months (depending on the loan type) of revenue-generating operations; Profitable business; Shareholders of legal age with good credit history
9. Any Canadian entrepreneur with a viable business plan can apply for a BDC loan
10. 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)
11. 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