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Government of Canada, Business Development Bank of Canada
Get financing to stabilize cash flow
Helps forestry businesses manage cash flow with loans up to $25 million for operational needs. Offers flexible repayment terms to maintain operations during financial pressures.
Provides flexible financing in the form of loans for working capital to help Canadian forestry businesses stabilize cash flow, maintain operations, protect jobs, and adapt amid trade uncertainty and economic pressures. Offers preferential pricing and tailored repayment structures. Loan terms are typically 36 months for manufacturers (interest-only with a final balloon payment) and up to 96 months for service companies (initial interest-only then amortization). Maximum loan amounts are $25 million for manufacturers and $10 million for service companies. Funds must be used exclusively for operational cash-flow purposes in Canadian operations.
Business Size: medium
Industries: Forestry manufacturing (sawmills, remanufacturing facilities, pulp and paper mills, finished wood product manufacturers), Forestry service companies (forestry company harvesting lumber, forestry transportation)
Region: Canada
Revenue Range: From $1M
Other Criteria: Headquarters and operations in Canada, Minimum 3 years in operation, Sufficiently covered obligations (including loan payments and fixed costs) before 2025 (exception for sawmills), Must demonstrate direct or indirect negative material impact on operations/profitability due to U.S. tariffs, related uncertainties, or current economic downturn, Business must have been viable before tariff implementation (exception for sawmills), Loan funds must be strictly for operational cash flow, Sector-specific criteria:, Forestry manufacturers (sawmills, finished wood product manufacturers): Must be subject to (or potentially subject to) U.S. lumber duties. Finished wood product manufacturers must show at least 15% of revenue is subject to U.S. tariffs, with tariffs representing at least 5% of total revenue., Forestry manufacturers (pulp and paper mills, remanufacturing facilities): Must have experienced either a minimum annual revenue decline of 20% or a reduction in annual EBITDA of 15% (rather than direct tariff exposure)., Forestry service companies (harvesting lumber, transportation): Must show a financial decline (minimum 20% annual revenue decline OR 15% reduction in annual EBITDA) AND report at least 60% of revenue from industry-specific activities.
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Government of British Columbia
Support for manufacturing companies in BC
Government of Canada, Business Development Bank of Canada
Working capital loan
Government of Ontario, Ministry of Natural Resources
Financial assistance for forestry projects in Ontario
This program is available to medium businesses in Forestry manufacturing (sawmills, remanufacturing facilities, pulp and paper mills, finished wood product manufacturers), Forestry service companies (forestry company harvesting lumber, forestry transportation) industries located in Canada.
This program offers funding up to $25,000,000 (minimum $2,000,000).
Check the official program website for current deadlines.
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