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Source verified August 6, 2026
Pivot to Grow loan
Financing for businesses affected by U.S. trade pressures
Latest source updateLast Update: August 5, 2026Latest change: The Pivot to Grow Loan page now shows an availability end date of March 31, 2027 and a $400M program envelope cap.View change
Latest source update
Last Update: August 5, 2026
Latest change: The Pivot to Grow Loan page now shows an availability end date of March 31, 2027 and a $400M program envelope cap.
Pivot to Grow Loan updated
The Pivot to Grow Loan page now shows that the program is available until March 31, 2027 or until the $400M envelope is fully used, whichever comes first. No application steps or contact details were changed on the page, but the loan availability and funding cap are now stated more explicitly.
Funding available
$ 5,000,000
Deadline
Open continuously
Location
Canada
Overview
The Pivot to Grow Loan offers up to $5 million for Canadian businesses affected by U.S. tariffs, related uncertainties or the current economic downturn to support cash flow and adaptation. Eligible uses include operational expenses, equipment purchases and supply chain changes.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Access new markets
- Renovate or expand facilities
Eligible Funding
- Maximum amount : 5,000,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- Non-profit
- For-profit business
- Sole proprietorship
Annual revenue
- $ 2,000,000 minimum revenue
Organisation size
- All organization sizes
Audience
- Canadians
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Business Associations
Target groups
- Business owners / entrepreneurs
Revenue structures
- Mixed revenue (50%+ earned)
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Activities to address potential impacts from U.S. tariffs, related uncertainties or the current economic downturn.
- Revising the supply chain model.
- Implementing a resiliency plan.
Official resources
Eligibility
Who is eligible?
- Businesses headquartered in Canada.
- Businesses with at least 15% of sales derived from exports to the U.S.
- Businesses that demonstrate a significant likelihood of being adversely affected by U.S. tariffs, related uncertainties or the current economic downturn.
- Businesses that have been in operation at least 12 months.
- Applicants who are Canadian citizens or permanent residents and have reached the age of majority in the province or territory in which they live.
Who is not eligible
- Businesses that have been in operation for less than 12 months
Eligible expenses
- Operational expenses.
- Equipment purchases.
- Extra costs due to U.S. tariffs, related uncertainties or the current economic downturn.
Eligible geographic areas
- Canada
How to apply
- Step 1: Submit a loan request online and describe your business and how it has been affected.
- Step 2: Speak with a BDC representative who will contact you to discuss the project and required documents.
- Step 3: Receive a tailored loan offer if approved.
Processing and Agreement
- BDC will call the applicant to discuss the project in depth, including the documents needed for its analysis.
- If approved, BDC will send a loan offer based on the business’s financial needs and capabilities.
Contacts
Frequently Asked Questions about the Pivot to Grow loan Program
What is the Pivot to Grow loan?
The Pivot to Grow Loan offers up to $5 million for Canadian businesses affected by U.S. tariffs, related uncertainties or the current economic downturn to support cash flow and adaptation. Eligible uses include operational expenses, equipment purchases and supply chain changes.
How much funding can be received?
Pivot to Grow loan Funds up to $5,000,000 of admissible expenses.
Who is eligible for the Pivot to Grow loan program?
To be eligible for the Pivot to Grow loan program, you must:
The business must have headquarters in Canada, be in operation at least 12 months, and have annual sales of $2M or more
The business must derive at least 15% of sales from exports to the U.S. or demonstrate a significant likelihood of being adversely affected by U.S. tariffs, related uncertainties or the current economic downturn
The business must have positive cash flow, demonstrate profitability, present a plan to adjust to the new environment, and have been viable before the implementation of tariffs
What expenses are eligible under Pivot to Grow loan?
Activities to address potential impacts from U.S. tariffs, related uncertainties or the current economic downturn.
Revising the supply chain model.
Implementing a resiliency plan.
Who can I contact for more information about the Pivot to Grow loan?
You can contact Business Development Bank of Canada (BDC) or by phone at 1-877-232-2269.
Where is the Pivot to Grow loan available?
The Pivot to Grow loan program is available across Canada.
Is the Pivot to Grow loan a grant, loan, or tax credit?
Pivot to Grow loan is a Loans and Capital investments