Open
Source verified August 12, 2026
BDC Financing — Small Business Loan
Fast or flexible business financing
Latest source updateLast Update: July 29, 2026Latest change: The Small Business Loan page now shows a maintenance notice for the online loan request platform from August 1 to August 3, and the eligibility link has been updated.View change
Latest source update
Last Update: July 29, 2026
Latest change: The Small Business Loan page now shows a maintenance notice for the online loan request platform from August 1 to August 3, and the eligibility link has been updated.
Small Business Loan page update
The Small Business Loan page now includes a maintenance notice stating that the online loan request platform will be unavailable from August 1 to August 3. The Check eligibility link also points to an updated session URL on the same portal.
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.
/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 $
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
- Businesses with a good track record
Eligible geographic areas
- Canada
How to apply
- Check eligibility online using the financing eligibility checker.
- Apply online by providing information about you, your business, its leadership, and shareholders.
Processing and Agreement
- Loan requests are processed as quickly as possible, depending on how many loan requests are received and how quickly you provide all the necessary information.
- If your loan request is under $100,000, fewer documents are required and the process is generally faster.
- Loans up to $100K can be approved in less than 10 days, while loans between $100K and $350K can be approved in less than 30 days, subject to approval and the timely completion of your application, including providing all relevant information.
- After approval, your 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
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.
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.
Is the BDC Financing — Small Business Loan a grant, loan, or tax credit?
BDC Financing — Small Business Loan is a Loans and Capital investments