How long does it take to get a loan?

This depends on a number of factors, including how many loan requests we receive and how quickly you provide us all the necessary information. Rest assured that we will process your loan request as quickly as possible. If your loan request is under $100,000, fewer documents are required and the process is generally faster.

How do you calculate the interest rate and is it the same rate for all clients?

We calculate the interest rate on our small business loan as follows: Current floating base rate + variance based on your personal and business information = interest rate As a result, the interest rate varies by client.

What type of information will I need to complete the online loan application form?

You will need to have the following information on hand: Business information: Complete and up-to-date business information as listed in your business registry (having a copy of your up-to-date business registry may be helpful) Names, email addresses, home address and mobile phone numbers for the company’s president, members of the board of directors, and shareholders Business void cheque Personal information: One piece of government-issued photo ID The online application form specifies the type of information that will be requested in each section. It also lets you save your work at various points in case you need to obtain certain details and return later to complete the form.

How much can I ask for?

You can ask for up to $350,000 for a BDC Small Business Loan. The amount approved will be based on our analysis of your request.

Portfolio company

Battlefy

Details

Region

Prairies and West

Industry sector

Information technology

Investment year

2013

Fund

IT Venture Fund

Learn more

About the company

Battlefy is an online comprehensive eSports management platform for game publishers, players, and brands to manage eSports tournaments, leagues, and content.

Battlefy

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