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BDC Financing — Equipment Purchase Loan
Financing for equipment purchases and growth
Last Update: May 28, 2026
Funding available
Varies by project
Timeline
- Open continuously
Location
Canada
Overview
The BDC Equipment Loan offers up to 125% financing to help businesses buy new or used equipment, computers, commercial vehicles, and specialized instruments. It also covers related costs such as transportation, installation, and training, with repayment terms of up to 12 years and principal payment deferrals of up to 24 months.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Optimize production processes
- Renovate or expand facilities
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 new or used equipment to expand or modernize operations.
- Replacing outdated machinery to support business growth.
Documents Needed
- Company details
- 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, computers, and commercial vehicles.
- Transportation, installation, and training costs related to the equipment purchase.
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
- Possibility to adjust payments based on the company's cash flow.
- Alternative financing solutions may be recommended based on specific needs.
Documents and links
Frequently Asked Questions about the BDC Financing — Equipment Purchase Loan Program
Here are answers to the most common questions about the BDC Financing — Equipment Purchase Loan. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the BDC Financing — Equipment Purchase Loan?
The BDC Equipment Loan offers up to 125% financing to help businesses buy new or used equipment, computers, commercial vehicles, and specialized instruments. It also covers related costs such as transportation, installation, and training, with repayment terms of up to 12 years and principal payment deferrals of up to 24 months.
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 new or used equipment to expand or modernize operations.
Replacing outdated machinery to support business growth.
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)