Open
Source verified July 29, 2026
BDC Financing — Business purchase or transfer loan
Financing for buying or transferring a business
Funding available
$ 10,000
Deadline
Open continuously
Location
Canada
Who can apply
Canadian citizens or permanent residents who have reached the age of majority in the province or territory where they live.
See full eligibility
Overview
BDC's Business Purchase or Transfer Loan supports Canadian businesses based in Canada that generate revenue and have a good track record. It can help with purchasing an existing business, refinancing vendor financing, and covering extra costs such as lawyer's fees or moving costs.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
- Renovate or expand facilities
Eligible Funding
- Minimum amount : 10,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- 2SLGBTQI+
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Buy an existing business, merge with another business, or acquire a competitor.
- Sell or transfer a business to a family member or management team member.
- Refinance a loan from the seller.
- Obtain extra financing to acquire intellectual property, goodwill, or a client list.
Documents Needed
- An agreed purchase price
- A letter of offer
- A closing date
Official resources
Eligibility
Who is eligible?
- Canadian citizens or permanent residents who have reached the age of majority in the province or territory where they live.
- Businesses based in Canada.
- Businesses that generate revenue.
- Businesses with a good track record.
Eligible expenses
- Lawyer’s fees
- Moving costs
Eligible geographic areas
- Canada
How to apply
- Submit a loan request online and provide information about your business.
- Talk to a representative to discuss your project in depth, including the documents needed for analysis.
- If approved, receive a loan offer based on your financial needs and capabilities.
Processing and Agreement
- BDC contacts you to discuss your project in detail and the documents required for assessment.
- If your application is accepted, BDC sends a loan offer based on your needs and financial capacity.
Contacts
Frequently Asked Questions about the BDC Financing — Business purchase or transfer loan Program
What is the BDC Financing — Business purchase or transfer loan?
BDC's Business Purchase or Transfer Loan supports Canadian businesses based in Canada that generate revenue and have a good track record. It can help with purchasing an existing business, refinancing vendor financing, and covering extra costs such as lawyer's fees or moving costs.
Who is eligible for the BDC Financing — Business purchase or transfer loan program?
To be eligible for the BDC Financing — Business purchase or transfer loan program, you must:
The applicant must be a Canadian citizen or permanent resident and have reached the age of majority in the province or territory where they live.
The business must be based in Canada, generate revenue, and have a good track record.
A negotiated agreement to buy another company must already be in place before the request is reviewed.
What expenses are eligible under BDC Financing — Business purchase or transfer loan?
Buy an existing business, merge with another business, or acquire a competitor.
Sell or transfer a business to a family member or management team member.
Refinance a loan from the seller.
Obtain extra financing to acquire intellectual property, goodwill, or a client list.
Who can I contact for more information about the BDC Financing — Business purchase or transfer loan?
You can contact Business Development Bank of Canada (BDC) or by phone at 1-877-232-2269.
Where is the BDC Financing — Business purchase or transfer loan available?
The BDC Financing — Business purchase or transfer loan program is available across Canada.
Is the BDC Financing — Business purchase or transfer loan a grant, loan, or tax credit?
BDC Financing — Business purchase or transfer loan is a Loans and Capital investments
Who are the financial supporters of the BDC Financing — Business purchase or transfer loan?
BDC Financing — Business purchase or transfer loan is funded by Business Development Bank of Canada (BDC)