Open
BDC Financing — Small Business Loan
Flexible financing for business growth and operations
Last Update: May 28, 2026
Funding available
$ 350,000
Timeline
- Open continuously
Location
Canada
Overview
The BDC Small Business Loan offers up to $350,000 in financing for business growth and operational needs. Eligible uses include buying inventory, developing new products, improving energy efficiency, marketing, hiring or training employees, obtaining certifications, and expanding into new markets.
/100
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 $
Timeline
- Open continuously
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
- Buying inventory to support operations or growth.
- Developing new products.
- Improving energy efficiency.
- Launching marketing campaigns.
- Expanding into new markets.
Documents Needed
- Up-to-date business registry information
- Business void cheque
- Government-issued photo ID
- Recent financial statements, for larger requests
Eligibility
Who is eligible?
- Businesses based in Canada
- Businesses generating revenue for more than 24 months
Who is not eligible
- Companies where a shareholder holding 25% or more of the shares does not reside in Canada (not eligible for online application, an alternative process applies).
Eligible expenses
- Purchase of inventory
- Development of new products
- Enhancement of energy efficiency
- Marketing campaign expenses
- Supplier payments
- Hiring or training of employees
- Costs for obtaining industry-specific certifications
- Expenses to support expansion into new markets
Eligible geographic areas
- Canada
Processing and Agreement
- Applicants first check eligibility online.
- The online application asks for business, leadership, and shareholder information.
- BDC reviews the request and may approve funds in a few days after approval.
Additional information
- Approval timeframes differ by amount requested; loans under $100,000 can be approved in less than 10 days, while those up to $350,000 may take up to 30 days.
- No application or prepayment fees are charged for loans under $100,000; certain fees may apply to higher loan amounts.
- Interest rates are individually determined and may vary based on business and personal client information.
- The application process requires both business and personal details, including government-issued photo ID and business registry documents.
Contacts
Frequently Asked Questions about the BDC Financing — Small Business Loan Program
Here are answers to the most common questions about the BDC Financing — Small Business 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 — Small Business Loan?
The BDC Small Business Loan offers up to $350,000 in financing for business growth and operational needs. Eligible uses include buying inventory, developing new products, improving energy efficiency, marketing, hiring or training employees, obtaining certifications, and expanding into new markets.
How much funding can be received?
BDC Financing — Small Business Loan Funds up to $350,000 of admissible expenses.
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 credit history
What expenses are eligible under BDC Financing — Small Business Loan?
Buying inventory to support operations or growth.
Developing new products.
Improving energy efficiency.
Launching marketing campaigns.
Expanding 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 1-800-974-0005.
Where is the BDC Financing — Small Business Loan available?
The BDC Financing — Small Business Loan program is available across Canada.
Is the BDC Financing — Small Business Loan a grant, loan, or tax credit?
BDC Financing — Small Business Loan is a Loans and Capital investments