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Source verified August 28, 2026
BDC Financing — Small Business Loan
Fast or flexible business financing
Latest source updateLast Update: August 28, 2026Latest change: The Small Business Loan page removed the introductory loan options and revised the online application section heading.View change
Latest source update
Last Update: August 28, 2026
Latest change: The Small Business Loan page removed the introductory loan options and revised the online application section heading.
BDC Small Business Loan terms revised
The Small Business Loan page no longer shows the introductory loan options, and the removed material also covered approval timing, fee terms, interest-only payments, and amortization details. The online application section heading also changed from “Apply online, it’s easy” to “Apply online. Know what to expect,” indicating a revision to the application guidance presented on the page.
Funding available
$ 350,000
Deadline
Open continuously
Location
Canada
Overview
BDC Small Business Loan offers up to $350,000 to businesses based in Canada that have been generating revenue for more than 24 months and are profitable with a good track record. Financing can support inventory purchases, new product development and expansion into new markets.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop a new product or service
- Obtain certifications or accreditations
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 350,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Buy inventory
- Develop new products
- Enhance energy efficiency
- Launch a new marketing campaign
- Expand into new markets
Documents Needed
- One piece of government-issued photo ID
- Business void cheque
- Financial statements for the last 2 years for loans between $100K and $350K
Official resources
Eligibility
Who is eligible?
- Businesses based in Canada
- Businesses generating revenue for more than 24 months
- Profitable businesses with a good track record
- For loans up to $100K, businesses with at least $100K in annual revenue and a personal credit score of 600 or higher
- For loans from $100K to $350K, businesses with at least $250K in annual revenue, a personal credit score of 600 or higher, and financial statements of the last 24 months
Eligible geographic areas
- Canada
How to apply
- Check eligibility online.
Processing and Agreement
- Loans up to $100K can be approved in less than 10 days, subject to approval and the timely completion of your application, including providing all relevant information.
- Loans from $100K to $350K can be approved in less than 30 days, subject to approval and the timely completion of your application, including providing all relevant information.
- All applications are subject to a full review of the business and its owners.
- After approval, funds could be available in less than a week.
Additional information
- The online eligibility check takes only 5 questions, with no commitment and no impact on your credit score.
Contacts
Availability timeline
2026
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Frequently Asked Questions about the BDC Financing — Small Business Loan Program
What is the BDC Financing — Small Business Loan?
BDC Small Business Loan offers up to $350,000 to businesses based in Canada that have been generating revenue for more than 24 months and are profitable with a good track record. Financing can support inventory purchases, new product development and expansion into new markets.
How much funding can be received?
BDC Financing — Small Business Loan Funds up to $350,000 of admissible expenses.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the BDC Financing — Small Business Loan program?
To be eligible for the BDC Financing — Small Business Loan program, you must:
Based in Canada
Generating revenue for more than 24 months
Generating profits and a good track record
What expenses are eligible under BDC Financing — Small Business Loan?
Buy inventory
Develop new products
Enhance energy efficiency
Launch a new marketing campaign
Expand into new markets
Who can I contact for more information about the BDC Financing — Small Business Loan?
You can contact Business Development Bank of Canada (BDC) or by phone at 1-877-232-2269.
Where is the BDC Financing — Small Business Loan available?
The BDC Financing — Small Business Loan program is available across Canada.