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Source verified September 9, 2026
Pivot to Grow loan
Financing for businesses affected by U.S. trade pressures
Latest source updateLast Update: September 4, 2026Latest change: BDC updated the Pivot to Grow loan with longer repayment periods, revised program conditions, and new Apply now links to the application form.View change
Latest source update
Last Update: September 4, 2026
Latest change: BDC updated the Pivot to Grow loan with longer repayment periods, revised program conditions, and new Apply now links to the application form.
Pivot to Grow loan terms updated
BDC revised the Pivot to Grow loan terms on the program page. Liquidity financing can now be repaid over up to 96 months, working capital over up to 84 months, and equipment financing over up to 168 months, with up to 24 months of interest-only payments on the equipment stream; the page also now says each stream is capped at $5 million, with a $10 million maximum per support program. The eligibility and use-of-funds language now also includes related uncertainties and the current economic downturn, and the page adds multiple Apply now links to the loan application form.
Funding available
$ 5,000,000
Deadline
March 31, 2028
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
- Sole proprietorship
- For-profit business
- Non-profit
- Non-financial cooperative
Annual revenue
- $ 2,000,000 minimum revenue
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- All industries
Target groups
- All the groups
Revenue structures
- All structures
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Availability timeline
2027
Periods: 1
Activities funded
- Maintain operations and business continuity while managing cash flow pressure.
- Improve productivity through equipment financing.
- Reshape the supply chain model.
- Pivot to alternate geographic markets, industries or products.
- Implement a resilience plan.
Official resources
Eligibility
Who is eligible?
- Canadian-based businesses.
- Businesses that have been in operation for at least 3 years.
- Businesses with annual revenue of $1M or more.
Who is not eligible
- Businesses that have been in operation for less than 36 months.
- For Liquidity Support, companies or affiliates that have been provided a loan under the Steel and Aluminum Support Program, the Liquidity Support of the Forestry Support Program, or the Softwood Lumber Guarantee Program are ineligible under the Pivot to Grow Program, and vice versa.
Eligible expenses
- Day-to-day operations that support cash flow.
- Equipment and investments that allow the business to remain competitive.
Eligible geographic areas
- Canada
How to apply
- Share information about your business and how it has been impacted by U.S. tariffs, related uncertainties or the current economic downturn.
- Talk to a representative who will discuss your project in depth, including the documents needed for the analysis.
- If approved, receive a tailored loan offer based on your financial needs and capabilities.
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.
What is the deadline to apply?
The application deadline for this grant program is March 31, 2028.
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?
Maintain operations and business continuity while managing cash flow pressure.
Improve productivity through equipment financing.
Reshape the supply chain model.
Pivot to alternate geographic markets, industries or products.
Implement a resilience 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.