How do I apply for BDC Financing — Business Transition Loan?

You can apply online through the official program website. Visit the application portal to submit your application.

Who administers BDC Financing — Business Transition Loan?

This program is administered by Government of Canada, Business Development Bank of Canada.

Are there similar programs to BDC Financing — Business Transition Loan?

Yes! Canada Grants Database has similar programs in the Business Financing & Capital category. Browse our database to find more options that match your needs.

BDC Financing — Business Transition Loan

Government of Canada, Business Development Bank of Canada

💰 Business Financing & Capital📈 Growth🚀 Scale-Up🏪 Small Business🍁 National

Business purchase or transfer financing

Funding

$10,000 - $350,000

Deadline

See website

Status

Accepting Applications

What Is This Program?

Get a repayable loan with terms tailored to your business if you are thinking of buying a company, making a merger or acquiring a competitor in order to expand your operations.

What Benefits Are Offered?

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Flexible financing and guidance to support mergers, acquisitions, and business transfers, designed to be easy on cash flow with flexible terms and conditions.

Who Is Eligible?

Business Size: small, medium

Region: Canada

Other Criteria: Applicant must be a Canadian citizen or permanent resident, Applicant must have reached the age of majority in their province or territory, All shareholders must be of legal age in their province or territory, Business must be generating revenue (profitable), Business must have a good credit history/track record, Business must have an account with a financial institution, Must have a negotiated agreement to buy another company (including agreed purchase price, letter of offer, closing date)