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Government of Canada, Business Development Bank of Canada
Funding for entrepreneurs to buy an established business
Helps Canadian businesses get money to buy a competitor or supplier. Offers up to $35 million and expert support for financing.
Customized financing (Mezzanine or Cash Flow financing) to buy a business without diluting ownership. Offers flexible repayment terms, potential to postpone capital payments for the first 12 months, and subordinated security to give more borrowing power. Solutions are tailored to business reality and cash flow, potentially bridging gaps between other financing sources.
Business Size: small, medium, large
Region: Canada
Other Criteria: Business must have been in operation for at least 12 months (ideally more than 24 months for established businesses seeking acquisition financing), Seeking financing to buy a business (e.g., competitor, supplier), Has insufficient or no tangible assets to secure conventional financing, Does not want to dilute ownership, The business being acquired is established or high-growth, The business being acquired has a strong management team, The business being acquired demonstrates quality of financial reporting, Applicant (shareholders) are of legal age in their province/territory, Business has an account with a financial institution, For cash flow financing solution: Targeted company has demonstrated a consistent track record of positive and strong cash flow
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Government of Canada, Business Development Bank of Canada
Loan to buy an existing business
Government of Canada, Business Development Bank of Canada
Loan to grow a business
Government of Canada, Business Development Bank of Canada
Loan to purchase real estate or expand facilities
This program is available to small, medium, large businesses located in Canada.
This program offers funding up to $35,000,000 (minimum $250,000).
Check the official program website for current deadlines.
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