As part of BDC’s ongoing commitment and support of Canadian entrepreneur’s during these uncertain times, we are pleased to introduce new measure’s of the recently announced $10 billion Business Credit Availability Program (BCAP).
Effective immediately, and in
addition to our existing offerings (real-estate, equipment and working capital
financing), the new relief measures for qualified businesses include:
– Working capital loans of up to $2 million with flexible terms and payment postponements for up to 6 months for qualifying businesses;
– Postponement of payments for up to six months, for existing BDC clients;
– Reduced rates on new eligible loans.
Additional details regarding BCAP measures, including industry specific support, will be announced in the coming days.
Manager, Business Centre | Directeur, Centre d’affaires
T 519-257-6807 C 226-280-2917 F 519-257-6811