BDC Small Business Loan
Up to $350,000 in flexible financing from the Business Development Bank of Canada for Quebec businesses with 24+ months of operations.
About this program
BDC's Small Business Loan provides up to $350,000 to support day-to-day operations or launch new business projects. Eligible uses include purchasing inventory, developing new products, enhancing energy efficiency, marketing, workforce training, obtaining certifications, and market expansion. Flexible repayment terms from 5 to 8 years with interest-only payments at the start. No processing fees or annual fees. Approval timeframes: under 10 days for loans under $100K, up to 30 days for loans up to $350K. Available to Quebec businesses through BDC's Quebec business centres.
Eligibility
Canadian businesses registered in Canada with at least 24 months of generating revenue, demonstrating profitability and good credit history. Personal and business credit must be in good standing.
Requirements
- Business registered in Canada
- At least 24 months of revenue generation
- Demonstrated profitability and good credit