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BDC Financing — Commercial Real Estate Loan
Long-term financing for commercial real estate
Last Update: May 28, 2026
Funding available
Up to 100% of project cost
Timeline
- Open continuously
Location
Canada
Overview
A long-term financing solution helps businesses buy, build, renovate, or expand commercial real estate. It offers up to 100% financing, interest-only payments for up to 36 months, and repayment terms of up to 25 years.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Renovate or expand facilities
- Renovate or adapt facilities
Eligible Funding
- Up to 100% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Real estate and rental and leasing
Location
- Canada
Legal structures
- Sole proprietorship
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Buying commercial land or buildings
- Building new commercial facilities
- Expanding existing premises
- Renovating business facilities
Documents Needed
- Company financial statements
- Purchase offer
- Phase I environmental report
- Assessment report
- List of leases, if applicable
Official resources
Eligibility
Who is eligible?
- Businesses based in Canada
Who is not eligible
- Private schools
- Retirement homes
- Residential development projects
Eligible expenses
- Commercial land or building purchase
- Construction costs
- Renovations or expansions
- Moving costs and down payments
- Working capital tied to real estate costs
Ineligible Costs and Activities
- Construction or operation of private schools
- Retirement homes
- Residential development projects
Eligible geographic areas
- Canada
Selection criteria
There are evaluation and selection criteria for this grant.
- Alignment of the project with the grant's objectives
- Demonstrated capacity to meet the project milestones
- Potential economic impact of the project
- Feasibility and sustainability of the project
How to apply
1
Preliminary Consultation
- Contact a BDC representative to discuss your specific business needs and eligibility.
- Gather detailed information about your commercial real estate project or expansion plans.
2
Initial Assessment
- Provide BDC with basic financial and business information for a preliminary assessment.
- Discuss potential loan terms and conditions that match your business requirements.
3
Application Preparation
- Prepare a detailed project proposal outlining your plans for purchasing or upgrading real estate.
- Collect necessary financial documents, such as business financial statements and cash flow projections.
- Ensure you have personal and business identification documents ready if required.
4
Application Submission
- Complete the BDC loan application form, ensuring all information is accurate and up-to-date.
- Submit your application form along with all supporting documents to BDC, either online or at a local branch.
5
Review and Feedback
- Await feedback from BDC regarding the status of your application.
- Be prepared to provide additional information or clarifications if requested by the BDC assessment team.
6
Approval and Agreement
- Once approved, review the loan terms and conditions offered by BDC.
- Sign the financing agreement to formalize your commitment to the terms.
Processing and Agreement
- Applications are reviewed after submission
- A representative contacts the applicant to discuss the project
- If approved, a loan offer is sent
Additional information
- Loan terms are subject to approval.
- A free commercial real estate toolkit is available.
Frequently Asked Questions about the BDC Financing — Commercial Real Estate Loan Program
What is the BDC Financing — Commercial Real Estate Loan?
A long-term financing solution helps businesses buy, build, renovate, or expand commercial real estate. It offers up to 100% financing, interest-only payments for up to 36 months, and repayment terms of up to 25 years.
How much funding can be received?
BDC Financing — Commercial Real Estate Loan Funds up to 100% of admissible expenses.
Who is eligible for the BDC Financing — Commercial Real Estate Loan program?
To be eligible for the BDC Financing — Commercial Real Estate Loan program, you must:
Based in Canada
24+ months of revenue
Good credit history
What expenses are eligible under BDC Financing — Commercial Real Estate Loan?
Buying commercial land or buildings
Building new commercial facilities
Expanding existing premises
Renovating business facilities
Who can I contact for more information about the BDC Financing — Commercial Real Estate Loan?
You can contact Business Development Bank of Canada (BDC).
Where is the BDC Financing — Commercial Real Estate Loan available?
The BDC Financing — Commercial Real Estate Loan program is available across Canada.
Is the BDC Financing — Commercial Real Estate Loan a grant, loan, or tax credit?
BDC Financing — Commercial Real Estate Loan is a Loans and Capital investments