BDC Financing — Equipment Purchase Loan
grant_single|update February 14, 2025
Canada
Loans to purchase equipment
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDate November 14, 2019
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Manufacturing
- Transportation and warehousing
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 loan to cover up to 125% of the purchase cost of new or used equipment for your business.
grant_single_labels|projects
The BDC Prêts pour acheter de l’équipement does not specify any particular geographical restrictions, indicating that eligibility is likely open to companies across Canada. As it is offered by the Business Development Bank of Canada, it may be assumed to be available nationwide, but this should be confirmed through direct consultation with BDC.
grant_single|admissibleProjectsExample
$ 437,500
Purchase modern manufacturing equipment to increase production capacity
$ 218,750
Acquire specialized lab equipment to enhance research capabilities
$ 212,500
Acquire new theater equipment to enhance community cultural activities
$ 187,500
Upgrade production line with new automated machinery for increased efficiency
$ 412,500
Purchase a fleet of electric delivery vehicles to modernize our delivery operations
$ 175,000
Invest in new IT infrastructure to streamline business operations
grant_single_labels|admissibility
Eligibility for the BDC Equipment Purchase Loan is generally related to the applicant's business operations and their plans for equipment acquisition and business growth.
- The business must be seeking to expand, modernize, or replace outdated machinery.
- The loan is applicable for acquiring new or used equipment, including production machinery, automated tools, computer hardware, or specialized instruments.
- The loan can also be used for purchasing commercial vehicles or for enhancing operational efficiency.
- Applicants should be planning to improve production capacity or improve the efficiency of business operations.
- Businesses must seek to replenish working capital depleted by equipment costs.
grant_eligibility_criteria|who_can_apply
BDC Prêts pour acheter de l’équipement is designed for business owners looking to expand and modernize operations, or to replace outdated machinery. It provides funding for acquiring new or used equipment and computers to enhance production capacity and promote growth. You can finance production line equipment, automated tools, robotics systems, computer hardware, and specialized instruments."
grant_eligibility_criteria|eligible_expenses
This financing solution is aimed at helping businesses to enhance their production capabilities and upgrade outdated machinery. Eligible activities focus on increasing production capacity, improving efficiency, and providing flexibility in financial management.
- Purchasing production line equipment, automated tools, robotics systems, computer hardware, or specialized instruments such as laboratory equipment.
- Investing in commercial vehicles or modernizing business operations to improve efficiency.
- Replenishing working capital depleted by equipment costs, thereby enhancing credit margin.
- Covering transportation, installation, and training costs associated with new equipment acquisitions.
grant_eligibility_criteria|zone
The loan for equipment purchase from BDC Prêts covers expenses related to acquiring and utilizing equipment for business enhancement.
- Cost of purchasing new or used equipment and computers.
- Expenses related to transportation of equipment.
- Installation fees for setting up equipment.
- Training costs for using new equipment.
grant_single_labels|apply
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grant_single_labels|otherInfo
The Prêt pour équipement program offers unique benefits and customizable options for Canadian businesses:
- Financing extends up to 125% of the equipment purchase price, allowing applicants to cover additional related costs.
- Borrowers have up to 12 years to repay the loan, offering long-term financial planning benefits.
- Initial capital payments can be deferred for up to 24 months, providing cash flow flexibility.
- The loan can be utilized to improve production capacity and efficiency or replenish working capital depleted by equipment costs.
- Payment schedules can be adjusted to align with business cash flows, optimizing financial management.
- Additional funding is available to cover transportation, installation, and training costs associated with the equipment.
Apply to this program
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