BDC Capital — Growth & Transition Capital — Buying a business

BDC Capital — Growth & Transition Capital — Buying a business

Funding for entrepreneurs to buy an established business
At a glance
Overview
Eligibility
Selection criteria
Documents and links

At a glance

Eligible Funding
  • From 250,000$ to 35,000,000$
Timeline
  • Open Date : June 27, 2022
Financing Type
Loans and Capital investments
Eligible Industries
  • All industries
Grant Providers
  • Business Development Bank of Canada
  • Government of Canada
Status
Open

Overview

Get repayable financial support of up to $35 million to increase your working capital to buy a competitor's or supplier's business. You can also obtain guidance and support from a team of experienced professionals to help you find the optimal financing st

Eligibility criteria

The eligibility criteria for this grant include having an established or high-growth business with a strong management team and quality financial reporting.

  • The business should be established or high-growth.
  • The business must have a strong management team.
  • Demonstrate quality of financial reporting.

Who is eligible

Eligible companies for this grant are typically established or high-growth businesses with a strong management team and quality financial reporting.

  • Established or high-growth businesses
  • Strong management team
  • Quality financial reporting

Eligible expenses

There are eligible expenses for this grant. The grant can be used for the following expenses:

  • Business acquisition costs
  • Repayment terms and cash flow management
  • Financing of goodwill component
  • Bridge financing between other sources

Evaluation & selection criteria

There are evaluation and selection criteria for this grant. The criteria include:

  • The business is established or high-growth
  • Has a strong management team
  • Demonstrates quality of financial reporting

Documents and links

BDC Capital — Growth & Transition Capital — Buying a business

Apply to this program