BDC Financing — Equipment Purchase Loan

• Financing of up to 125% of the equipment purchase cost, which can also cover related expenses such as transportation, installation, and training.
• Repayment term of up to 12 years for the loan.
• Possible deferral of principal repayments for up to 24 months.

• The applicant must be seeking financing to purchase new or used equipment, vehicles, or computers for business operations.
• The financing request must be related to expanding, modernizing, or replacing business machinery or equipment.
• The project should aim to increase production capacity, improve operational efficiency, or support specialized activities through equipment acquisition.

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 for production.
• Acquisition of automated tools, robotics systems, and specialized instruments such as laboratory equipment.
• Purchase of computer hardware.
• Purchase of commercial vehicles.
• Transportation and installation fees related to equipment.
• Training expenses linked to the use of new equipment.

Eligible geographic areas

• Companies located in Canada.

• Possibility to adjust payments based on the company's cash flow.
• Alternative financing solutions may be recommended based on specific needs.