Open
Source verified September 9, 2026
Pivot to Grow loan
Financing for businesses affected by U.S. trade pressures
Latest source updateLast Update: September 23, 2026Latest change: The Pivot to Grow loan form now asks new eligibility questions about U.S. export revenue and tariff-related revenue or cost impacts, and the step count changes from 9 to 11.View change
Latest source update
Last Update: September 23, 2026
Latest change: The Pivot to Grow loan form now asks new eligibility questions about U.S. export revenue and tariff-related revenue or cost impacts, and the step count changes from 9 to 11.
Pivot to Grow form adds export-impact eligibility checks
The Pivot to Grow loan form now includes new eligibility checks asking whether at least 15% of revenues come from exports to the U.S. and whether tariffs equal at least 5% of company revenues, or whether there is a 10% drop in annual revenue or a 10% increase in total costs linked to U.S. tariffs. Applicants who do not meet these criteria are redirected to other loan options, and the form step indicator changes from 9 steps to 11 steps.
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.
/100
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 directly impacted by U.S. tariffs, related uncertainties or the current economic downturn.
Who is not eligible
- Businesses that have been in operation for less than 36 months.
- For Liquidity Support, a company or any of its affiliates that has 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 is 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 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 program is accepting continuous intake
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.