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Mid-Market Financing Program

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Business Development Bank of Canada

This program, financed jointly by the BDC and the applicant’s financial institution, will be offering junior loans to businesses until June, 2021.

Flexible terms:

  • Loans spanning four years
  • Principal to be repaid as a balloon payment
  • Interest payments for the first 12 months capitalized and due at maturity

Company eligibility criteria:

  • In good standing and financially viable before the crisis
  • Affected by COVID‐19 or by the drop in oil and gas prices
  • Credit needs exceed the financial support that is currently available

Conditions apply.

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