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Business Accelerator Loan Program

Q: How much funding can be received?

Business Accelerator Loan Program Funds up to 500000% of admissible expenses.

Q: What is the deadline to apply?

The program is accepting continuous intake

Q: Is the Business Accelerator Loan Program a grant, loan, or tax credit?

Business Accelerator Loan Program is a Loans and Capital investments

Q: Who are the financial supporters of the Business Accelerator Loan Program?

Business Accelerator Loan Program is funded by Royal Bank of Canada (RBC)

Q: Who is eligible for the Business Accelerator Loan Program program?

Eligibility criteria are not specified.

Q: Who can I contact for more information about the Business Accelerator Loan Program?

You can contact Royal Bank of Canada (RBC) or by phone at 1-800-769-2520.

Q: What expenses are eligible under Business Accelerator Loan Program?

Eligible expenses generally include costs that directly support the objectives of the funding program. The specific expenses that qualify may vary based on the nature of the project and the program’s guidelines.

Q: Where is the Business Accelerator Loan Program available?

The Business Accelerator Loan Program program is available across Canada.

Last Update: January 19, 2026

Canada

Flexible loan financing for operational cash flow and business growth

Loans and Capital investments

At a glance

Funding available

Financing goals

No objectives are currently available

Eligible Funding

Maximum amount : 500,000 $
Minimum amount : 25,000 $

Timeline

Unspecified

Eligible candidates

Eligible Industries

All industries

Location

Canada

Legal structures

For-profit business
Sole proprietorship

Annual revenue

$ 10,000,000 maximum revenue

Organisation size

All organization sizes

Audience

All groups

Overview

The Business Accelerator Loan Program offers $25,000 to $500,000 in financing to help Canadian businesses strengthen operational cash flow and support growth. Eligible businesses can use the loan proceeds to fund operating cash flow needs and cover operational costs.

Eligibility

The business must be Canadian-based and have been operating for at least 12 consecutive months.
The business must have annual gross revenue of up to $10 million CAD.
The loan funds must be used to finance operating cash flow needs.
The applicant must be directly operating a business.
The business must have a primary banking relationship with RBC prior to applying.

Who is eligible?

Canadian businesses looking to grow and needing cash flow support to cover their operating costs.
Businesses with historically limited access to traditional loans for their operating cash flow needs.

How to apply

Check basic eligibility

Confirm your business is Canadian-based and has been operating for at least 12 consecutive months
Confirm annual gross revenue is up to $10 million CAD
Confirm the loan will be used for operating cash flow needs and that you directly operate the business

Confirm RBC relationship and guarantee

Confirm you have a primary banking relationship with RBC prior to applying
Confirm you can provide a full personal guarantee
Note that additional eligibility criteria apply

Review loan terms

Review available financing amount: $25,000 to $500,000
Review term and amortization: up to 6 years
Review repayment: fixed or variable rate options; principal and interest paid monthly

Understand the guarantee

Note the loan is approved and issued by RBC
Note the loan is supported by an 85% guarantee from BDC

Budget for fees and costs

Plan for a one-time BDC application fee of 1% of the loan amount (non-refundable)
Plan for a 2% BDC guarantee fee included as part of your interest rate
Note you may also be responsible for other RBC costs, expenses, and fees

Contact RBC to start

Contact your RBC relationship manager or a Business Advice Centre to learn more
Call the 24/7 RBC Business Helpline at 1-800-769-2520
Locate a branch near you to proceed

Additional information

Loans are approved and issued by RBC and are supported by an 85% guarantee from BDC.
Term and amortization can be up to 6 years.
Fixed and variable interest rate options are available, with principal and interest paid monthly.
In addition to interest costs, non-refundable BDC fees apply, including a one-time 1% application fee; a 2% BDC guarantee fee is included as part of the interest rate.

Contacts

1-800-769-2520

Canada

Apply to this program

Frequently Asked Questions about the Business Accelerator Loan Program Program

Here are answers to the most common questions about the Business Accelerator Loan Program. 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.