BDC Financing — Commercial Real Estate Loan

BDC’s Commercial Real Estate Loan page now spells out detailed eligibility expectations, including Canadian registration, operating history, profitability, credit, ownership age, business plan, and collateral requirements. It also now states that the loan typically starts at $100,000 and can go up to several million dollars, and that financing may cover up to 100% of project costs depending on the project. The FAQ content was revised to replace the earlier exclusion and document-list guidance with new explanations about eligibility, down payment expectations, credit, rates, and loan amount guidance. The application form page also changed some wording, including “annual sales” to “annual revenue” and the funds question to ask when the funds should be available.