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Source verified August 12, 2026
BDC Financing — Equipment Purchase Loan
Financing to purchase business equipment and vehicles
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
BDC’s Equipment Loan helps businesses based in Canada finance machinery, hardware, vehicles and other equipment, with financing of up to 125% of the purchase price. Eligible purchases include production line machinery, robotics systems, commercial vehicles, and renewable energy or waste management equipment.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Implement environmental initiatives
- Increase operational productivity
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
- Purchase production line machinery.
- Purchase automated equipment and robotics systems.
- Purchase hardware or specialized equipment, such as lab material.
- Purchase commercial vehicles or renewable energy and waste management equipment.
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 +
- Businesses with a good credit track record
Eligible expenses
- The purchase price of equipment
- Shipping costs
- Installation costs
- Training costs
Eligible geographic areas
- Canada
How to apply
- Submit a loan request online and provide information about your project and your business.
- Talk to a representative after BDC contacts you to discuss your project in depth and the documents needed for analysis.
- If approved, receive a tailored loan offer based on your financial needs and capabilities.
Processing and Agreement
- BDC will call you to discuss your project in depth, including the documents needed for its analysis.
- The exact loan term is determined during the financing assessment.
- A down payment requirement, if any, is assessed during the application process and can vary based on the business and the equipment being financed.
- The final interest rate is confirmed during the application review.
- If approved, BDC will send a loan offer based on your financial needs and capabilities.
Additional information
- The online project eligibility check involves only 5 questions, with no commitment and no impact on your credit score.
- Conditions apply, and the loan is subject to approval.
Contacts
Frequently Asked Questions about the BDC Financing — Equipment Purchase Loan Program
What is the BDC Financing — Equipment Purchase Loan?
BDC’s Equipment Loan helps businesses based in Canada finance machinery, hardware, vehicles and other equipment, with financing of up to 125% of the purchase price. Eligible purchases include production line machinery, robotics systems, commercial vehicles, and renewable energy or waste management equipment.
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:
The business must be based in Canada.
The business must have been generating revenue for 12 months +.
The business must have a good credit track record.
What expenses are eligible under BDC Financing — Equipment Purchase Loan?
Purchase production line machinery.
Purchase automated equipment and robotics systems.
Purchase hardware or specialized equipment, such as lab material.
Purchase commercial vehicles or renewable energy and waste management equipment.
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