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Source verified August 4, 2026
BDC Financing — Equipment Purchase Loan
Finance equipment purchases for businesses
Latest source updateLast Update: June 10, 2026Latest change: Changed: funding terms, application process, contact or portal details.View change
Latest source update
Last Update: June 10, 2026
Latest change: Changed: funding terms, application process, contact or portal details.
Grant changed: funding terms, application process
We detected changes to funding terms, application process, contact or portal details, eligibility, scope and target audience.
Funding available
Up to 125% of project cost
Deadline
Open continuously
Location
Canada
Overview
Equipment Loan helps businesses based in Canada finance machinery, hardware, vehicles and other equipment, with financing of up to 125% of the purchase price. It can also cover extra costs such as shipping, installation and training, with payments matched to your cash flow cycle.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Optimize production processes
Eligible Funding
- Up to 125% of project cost
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
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Purchasing machinery, hardware, vehicles, or equipment for the business.
Documents Needed
- Company details
- Financial statements
- Financial projections
Official resources
Eligibility
Who is eligible?
- Businesses based in Canada.
- Businesses that have been generating revenue for 12 months or more.
- Businesses that are generating revenue.
- Businesses with a good credit track record.
Eligible expenses
- Production line machinery, automated equipment, robotics systems, hardware, specialized equipment, commercial vehicles, and renewable energy and waste management equipment.
- Related costs such as shipping, installation, and training.
Eligible geographic areas
- Canada
How to apply
- Apply for a loan online and provide information about your project and business.
- Speak with a representative, who will contact you to discuss your project in detail and the documents required for the assessment.
- If your application is approved, receive a tailored loan offer based on your financial needs and capacity.
Processing and Agreement
- A representative will contact you to discuss your project in detail and the documents required for the assessment.
- If your application is approved, you will receive a loan offer based on your financial needs and capacity.
Additional information
- The online eligibility check takes only 5 questions, requires no commitment, and has no impact on your credit score.
Contacts
Frequently Asked Questions about the BDC Financing — Equipment Purchase Loan Program
What is the BDC Financing — Equipment Purchase Loan?
Equipment Loan helps businesses based in Canada finance machinery, hardware, vehicles and other equipment, with financing of up to 125% of the purchase price. It can also cover extra costs such as shipping, installation and training, with payments matched to your cash flow cycle.
How much funding can be received?
BDC Financing — Equipment Purchase Loan Funds up to 125% of admissible expenses.
Who is eligible for the BDC Financing — Equipment Purchase Loan program?
To be eligible for the BDC Financing — Equipment Purchase Loan program, you must:
Based in Canada
Has been generating revenue for 12 months or more
Is generating revenue and has a good credit track record
What expenses are eligible under BDC Financing — Equipment Purchase Loan?
Purchasing machinery, hardware, vehicles, or equipment for the business.
Who can I contact for more information about the BDC Financing — Equipment Purchase Loan?
You can contact Business Development Bank of Canada (BDC) or by phone at 1-877-232-2269.
Where is the BDC Financing — Equipment Purchase Loan available?
The BDC Financing — Equipment Purchase Loan program is available across Canada.
Is the BDC Financing — Equipment Purchase Loan a grant, loan, or tax credit?
BDC Financing — Equipment Purchase Loan is a Loans and Capital investments