BDC Financing: Commercial Real Estate Loan
BDC lends money to buy, build or renovate your commercial property. You can repay over up to 25 years and choose to pay interest only for up to the first 36 months. This is a loan you must repay.
“Depending on your project, get financing of up to 100% of the project cost to cover expenses like moving costs and downpayments.”
From the official program page
Before you spend any money
BDC recommends allowing ample time for the financing process due to the detailed analysis required for commercial real estate transactions.
At a glance
Subject to program rules, available funding, and approval. Confirm current details with the official program administrator.
Is this for you?
- You have been generating revenue for at least 24 months.
- You need capital to buy land, build, expand, or renovate commercial premises.
- You have a good credit track record and are currently generating revenue.
Probably not the right fit if
- Your business has been operating for less than 24 months.
- You are funding a private school, retirement home, or residential zoning project.
- You are not currently generating revenue.
How much you'd realistically get
Depending on your project, financing can cover up to 100% of the project cost.
What may be supported
- Buying commercial land or buildings.
- Covering construction costs for commercial premises.
- Expanding or renovating existing commercial premises.
- Replenishing working capital depleted by real estate costs.
What's excluded or restricted
- Construction or operation of private schools
- Retirement homes
- Projects zoned for residential use
How applying works
Effort: involvedCommercial real estate transactions require specific, detailed analysis by BDC, so expect a thorough review process.
- 01Submit a loan request online via the BDC website.
- 02Talk to a BDC representative to discuss your specific needs.
- 03Provide detailed documentation for the commercial real estate analysis.
- 04If approved, you receive a loan offer.
Who to ask: 1-877-232-2269; or contact form at https://www.bdc.ca/en/contact-us
Documents commonly required
- Proof of business revenue for the past 24 months.
- Credit history and track record.
- Details of the commercial property or project (purchase, construction, or renovation plans).
- Financial statements showing current revenue generation.
What to know before you count on it
- This is a loan that must be repaid; it is not a grant.
- The official page does not say when the loan money is paid out. Ask BDC before you apply.
- You must have a good credit track record and at least 24 months of revenue history.
What are your odds?
Approval depends on your credit track record, revenue history, and the specific details of your real estate project.
Frequently asked questions
Can I use this loan for working capital?
Yes, but only to replenish working capital that was depleted by real estate costs.
How long is the amortization period?
Up to 25 years.
Is there an interest-only option?
Yes, you can pay interest only for up to the first 36 months.
What is the interest rate?
BDC does not publish its interest rate. Ask BDC for the rate on your loan.
What you can combine it with
This loan can replenish working capital depleted by real estate costs, potentially freeing up cash flow for other operational needs.
Get alerted when this changes
Programs open and close, budgets run out, rules change. We send one short email when something changes that matters for this program.
Page last updated ; status and deadline checked . Source: official program page.