COVID-19 Update: Business Development Bank of Canada Financial Support

Posted March 16, 2020

Dear Members,


The following support is being offered by the Business Development Bank of Canada for entrepreneurs impacted by the coronavirus COVID-19.

Small Business Loan

Up to $100,000 can be obtained online in as little 48 hours from time of approval.

Working capital loan

Members can get extra funds to bridge cash flow gaps and support everyday operations.

Purchase Order Financing

Members can increase their cash flow to fulfill domestic or international orders with very flexible terms.
Members can also rely on BDC’s Advisory Services experts for tools and support to review their financial management and operations.

All BDC advisors are working virtually and if members may reach BDC directly by calling 1-877-232-2269