BDC Financing: Working Capital Term Loan
A BDC working capital term loan for growth and daily operations. Payments can match your cash flow, including interest-only payments for up to 24 months. This is a loan, so you repay it with interest.
Before you spend any money
This is a loan; you must be approved before you receive funds, so do not spend money expecting reimbursement.
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 in business for at least 12 months and are generating revenue.
- You need cash for growth or operations but want to preserve your daily cash flow.
- You have a solid credit history and can provide the financial documents BDC asks for.
Probably not the right fit if
- You have been in business for less than 12 months or are not yet generating revenue.
- You are looking for a grant or free money, since this is a loan that must be repaid with interest.
- You have a poor credit history or cannot provide the financial documents BDC requires.
How much you'd realistically get
The official page does not list a maximum loan amount. Ask BDC before you apply.
What may be supported
- Buying inventory
- Paying suppliers
- Expanding into new markets
- Developing new products
- Launching a marketing campaign
- Hiring or training employees
- Energy efficiency or green retrofit projects
How applying works
Effort: moderateYou must submit a loan request online and speak with a BDC representative to get a tailored solution.
- 01Submit a loan request online at the BDC website.
- 02Talk to a BDC representative to discuss your needs.
- 03Provide required financial documents and business information.
- 04Receive a tailored solution and approval decision.
- 05If approved, BDC pays the money into your business account.
Who to ask: 1-877-232-2269; or contact form / chat at https://www.bdc.ca/en/contact-us
Documents commonly required
- Financial statements (confirm specific requirements on the official page)
- Business registration documents
- Credit history information
- Business plan or project details (if applicable)
What to know before you count on it
- This is a loan, not a grant; you must repay the principal plus interest.
- The interest rate is not published; confirm on the official page.
- While you can pay interest only for up to 24 months, principal repayment begins after that period within an 8-year amortization window.
- Approval depends on your credit track record and financial health; there is no guarantee of funding.
What are your odds?
Approval is not guaranteed; it depends on your credit history, revenue, and ability to repay.
Frequently asked questions
What is the interest rate?
The interest rate is not published; confirm on the official page.
How much can I borrow?
The official page does not list a maximum loan amount. Ask BDC before you apply.
Can I use this for energy efficiency projects?
Yes, BDC lists energy efficiency, green retrofit, or sustainability projects as eligible uses.
Is there a deadline to apply?
No fixed deadline; you can apply anytime as long as you meet the eligibility criteria.
More funding by what it pays for
What you can combine it with
You can use this loan with other funding, but make sure your business can afford all the repayments.
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Worth reading before you apply
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.