BDC Financing — Business Transition Loan
Canada
Business purchase or transfer financing
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Manufacturing
- Retail trade
- Accommodation and food services
grant_single|grantors
- Business Development Bank of Canada (BDC)
- Government of Canada
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get a repayable loan with terms tailored to your business if you are thinking of buying a company, making a merger or acquiring a competitor in order to expand your operations.
grant_single_labels|projects
- Acquire fixed assets
- Buyout a business
- Acquire intangible assets
grant_single|admissibleProjectsExample
$1,000,000
Toronto
Acquire a commercial property in downtown Toronto to expand operations.
$900,000
Montreal
Buyout a local competitor in Montreal to consolidate market presence.
$450,000
Vancouver
Acquire intangible assets like goodwill and client lists in Vancouver.
$750,000
Calgary
Purchase industrial equipment for a new manufacturing line in Calgary.
$800,000
Ottawa
Acquire shares of an existing business in Ottawa to expand service offerings.
$400,000
Winnipeg
Family succession buyout of a local bookstore in Winnipeg.
grant_single_labels|admissibility
- Businesses in Canada looking to acquire fixed assets, buyout a business, or acquire intangible assets are eligible.
- Loan amounts tailored to the needs of the business, a higher percentage of financing, and payments matched to the cash flow are some of the key eligibility criteria for this grant.
grant_eligibility_criteria|who_can_apply
There are specific types of companies eligible for this grant, including companies looking to acquire fixed assets, buyout a business, or acquire intangible assets.
- Companies acquiring fixed assets such as land, buildings, equipment, and shares of an existing business.
- Businesses seeking financing for a family succession, management buyout, or vendor financing refinance.
- Companies looking to acquire intangible assets like intellectual property, goodwill, and client lists.
grant_eligibility_criteria|eligible_expenses
The Business Development Bank of Canada (BDC) Accelerator Loan Guarantee offers financing specifically tailored for business acquisitions, mergers, or expansions. Eligible expenses for this grant include:
- Acquiring fixed assets such as land, buildings, equipment, and shares of an existing business
- Buying out a business through family successions, management buyouts, or refinancing vendor financing
- Acquiring intangible assets like intellectual property, goodwill, and client lists
- Optimal financing structure tailored to your needs
- Additional support for asset-light companies or unconventional financing needs
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The criteria include:
- Financial stability and creditworthiness of the applicant
- Purpose of the loan and its alignment with business growth
- Experience and track record of the business owner
- Potential impact of the loan on the business and the local economy
grant_single_labels|register
- Complete the online application form with your business information and loan requirements.
- Submit any required supporting documents, such as financial statements, business plans, and legal documents.
- Wait for the loan approval decision from BDC, which may include a review of your application and financial situation.
- If approved, finalize the loan agreement and terms with BDC's specialists.
- Receive the funding in your business account and start using it for your acquisition or business purchase needs.
Apply to this program
