Up to $2 million working capital loans and financial support for entrepreneurs impacted by the coronavirus COVID-19

Business Credit Availability Program (BCAP)/BDC

Type of Funding

Loan

Max Funding

2,000,000.00

Region

Federal/National

Application Difficuty

Average

Processing Time

Medium (A few weeks)

Province

All Of Canada

Industry

N/A

Funding Goals

Working capital.
COVID-19 Help.

Demographic

N/A

Incorporated

Yes

Contact

1-877-232-2269

Get A Fast Business Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours
$5,000 to $500,000
No hidden fees
No collateral
Applying doesn’t impact credit score

Details

Working capital loans of up to $2 million with flexible repayment terms such as principal postponements for qualifying businesses plus Reduced rates on new eligible loans and Flexible repayment terms, such as postponement of principal payments for up to 6 months, for existing BDC clients with total BDC loan commitment of $1 million or less

Eligibility

Business must have been impacted directly or indirectly by recent events and have been financially viable prior to the impact from COVID-19

Similar funding programs

Loan
EDC's capacity to help Canadian entrepreneurs expanded in mid-March with the launch of the $10-billion federal Business Credit Availability Program (BCAP). This program allows EDC to offer Canadian businesses of all sizes the credit they need during the COVID-19 pandemic. We are working in concert with the Business Development Bank of Canada (BDC) and private sector lenders to ensure Canadian companies get support during these uncertain times.
Max Funding N/A
Business Credit Availability Program (BCAP)/EDC
Loan
Additional loans of up to $500.000 plus deferral of principal and interest payments to ensure producers, agribusinesses, and food processors have access to the cash flow they need to manage through this challenging time
Max Funding $500,000.00
FCC COVID-19 support program
Loan
Financial assistance in form of loans up to $40,000 loans with zero interest for first year for Canadian businesses affected by COVID-19 disease. Part of Canada Emergency Business Account program. Loans available through primary financial institution.
Max Funding $40,000.00
Canada Emergency Business Account - BDC - BCAP

Customized equipment leasing for Canadian companies operating in various industries

Loan

Equipment financing options to a diverse range of industries, including Industrial, Construction, Energy, Oil and Gas, Healthcare, Hospitality, Automotive, Technology and more.

N/A

First Capital Leasing - Equipment Leasing

Equipment lease and loan financing for Canadian companies operating in various industries

Loan

Loans and lease for equipment financing for Canadian companies in the Manufacturing, Distribution & Logistics, Mining & Forestry, Food & Beverage, Pharmaceutical/medical/Healthcare, Technology industries.

N/A

Accord Financial - Equipment Financing

Up to $75,000 loans for Canadian SMBs, repayable in 18 months

Loan

Loans up to $75,000 with fixed, weekly payments for Canadian SMBs

75,000.00

Accord Financial - Small Business Loans

©2019-2021 FundingHQ powered by VerticalWave

Log in with your credentials

Forgot your details?