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BDC Financing — Equipment Purchase Loan
Equipment financing for business growth
Last Update: May 28, 2026
Funding available
Varies by project
Timeline
- Open continuously
Location
Canada
Overview
BDC Equipment Loan offers financing for Canadian businesses seeking to buy equipment to modernize, expand, or replace outdated assets. It can support new or used equipment, computers, commercial vehicles, and related costs such as transport, installation, and training.
/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
- Varies by project
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Manufacturing
- Transportation and warehousing
Location
- Canada
Legal structures
- Sole proprietorship
- Non-financial cooperative
- 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 machinery, vehicles, or equipment to grow the business.
- Modernizing operations or replacing outdated equipment.
- Acquiring equipment to increase production capacity or efficiency.
Documents Needed
- Company information
- Financial statements
- Financial projections
Eligibility
Who is eligible?
- Companies seeking to purchase new or used equipment
- Businesses looking to acquire computers or IT equipment
- Firms planning to invest in production machinery, automation, or robotics
- Enterprises needing to modernize operations, including the purchase of commercial vehicles
- Organizations requiring specialized instruments or laboratory equipment
Eligible expenses
- Purchase of new or used equipment and computers.
- Related costs such as transportation, installation, and training.
Eligible geographic areas
- Companies located in Canada.
Processing and Agreement
- Submit a loan request online.
- BDC reviews your project with you and may ask for supporting documents.
- If approved, BDC sends a loan offer based on your needs and financial capacity.
Additional information
- Other financing solutions may be proposed if needed.
- Payment terms can be adjusted to match cash flow.
Frequently Asked Questions about the BDC Financing — Equipment Purchase Loan Program
What is the BDC Financing — Equipment Purchase Loan?
BDC Equipment Loan offers financing for Canadian businesses seeking to buy equipment to modernize, expand, or replace outdated assets. It can support new or used equipment, computers, commercial vehicles, and related costs such as transport, installation, and training.
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
At least 12 months of revenue
Profitable with good credit history
What expenses are eligible under BDC Financing — Equipment Purchase Loan?
Buying machinery, vehicles, or equipment to grow the business.
Modernizing operations or replacing outdated equipment.
Acquiring equipment to increase production capacity or efficiency.
Who can I contact for more information about the BDC Financing — Equipment Purchase Loan?
You can contact Business Development Bank of Canada (BDC).
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
Who are the financial supporters of the BDC Financing — Equipment Purchase Loan?
BDC Financing — Equipment Purchase Loan is funded by Business Development Bank of Canada (BDC)