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Business Accelerator Loan Program (BALP) - Canada
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Business Accelerator Loan Program (BALP)

Guaranteed financing to support small business operating cash flow needs
TD Bank (TD)
Last Update: March 3, 2026
Funding available
$ 25,000 - $ 500,000
Timeline
  • Open continuously
Location
Canada

Overview

The TD Business Accelerator Loan Program (BALP), supported by a BDC guarantee, provides loans of up to $500,000 to help Canadian businesses manage operating cash flow. Funding must be used exclusively for day-to-day operating cash flow needs tied to revenue from the sale of goods or services.
/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • No objectives are currently available
Eligible Funding
  • Maximum amount : 500,000 $
  • Minimum amount : 25,000 $
  • Up to 1% of project cost
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • Canada
Legal structures
  • For-profit business
Annual revenue
  • $ 10,000,000 maximum revenue
Organisation size
  • All organization sizes
Audience
  • Canadians
  • Startups

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Financing a Canadian business’s day-to-day operations by funding operating cash flow needs.

Eligibility

Eligible expenses

  • Operating cash flow needs for day-to-day business operations.

Eligible geographic areas

  • Canada (Canadian businesses)

Additional information

  • The program is a financing option offered through TD and supported by a guarantee from the Business Development Bank of Canada (BDC).
  • Floating interest rate options are available based on the TD Prime Rate, with no prepayment penalties.
  • A one-time BDC guarantee fee of 1% of the loan amount applies.
  • Personal guarantees are required.

Contacts

1-866-222-3456

Frequently Asked Questions about the Business Accelerator Loan Program (BALP) Program

Here are answers to the most common questions about the Business Accelerator Loan Program (BALP). 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 Business Accelerator Loan Program (BALP)?

The TD Business Accelerator Loan Program (BALP), supported by a BDC guarantee, provides loans of up to $500,000 to help Canadian businesses manage operating cash flow. Funding must be used exclusively for day-to-day operating cash flow needs tied to revenue from the sale of goods or services.

How much funding can be received?

Business Accelerator Loan Program (BALP) Funds up to 1% of admissible expenses, capped at $500,000 per project.

Who is eligible for the Business Accelerator Loan Program (BALP) program?

To be eligible for the Business Accelerator Loan Program (BALP) program, you must: Canadian business operating continuously for 12 months. Annual gross revenue under $10M CAD (year of application). Revenue from sale of goods or services.

What expenses are eligible under Business Accelerator Loan Program (BALP)?

Financing a Canadian business’s day-to-day operations by funding operating cash flow needs.

Who can I contact for more information about the Business Accelerator Loan Program (BALP)?

You can contact TD Bank (TD) or by phone at 1-866-222-3456.

Where is the Business Accelerator Loan Program (BALP) available?

The Business Accelerator Loan Program (BALP) program is available across Canada.

Is the Business Accelerator Loan Program (BALP) a grant, loan, or tax credit?

Business Accelerator Loan Program (BALP) is a Loans and Capital investments

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