Pivot to grow loan

Amount:

$2,000,000

Type:

Loan

Description:

If your business exports to the U.S. or is impacted by U.S. tariffs and the uncertainty surrounding them, BDC can help. Our pivot to grow loan can help boost your cash flow while your business adapts to a new trading landscape.

Comments on Funding:

Get up to $2M to help you counter the effects of tariffs on Canadian exports to the U.S.

Deadline:

Continuous Intake

Eligibility:

Applicants must:

1. Have Minimum 25% of sales are derived from exports to the U.S. or demonstrate a significant likelihood of being adversely affected by US tariffs or the uncertainty they may create.

2. Have $2M or more annual sales

3. Have Positive cash flow

4. demonstrate profitability

Application Steps:

Applicants must:

1. Submit a loan request online: Tell us about your business and how it has been impacted by the increase in U.S. tariffs.

2. Talk to a representative: We will call you to discuss your project in depth, including the documents needed for our analysis.

3. Get a tailored solution: If you’re approved, we’ll send you a loan offer based on your financial needs and capabilities.

Documentation Needed:

No specific documentation has been identified

Other Things to Note:

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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