I’m thinking of buying a business soon. Can I prequalify for a loan?

No. We can only review your request for a loan once you have a negotiated agreement to buy another company and the relevant document to support it, such as an agreed purchase price, a letter of offer and closing date.

How long does it take to get financing?

Business purchase transactions require specific, detailed analysis. We recommend allowing ample time for the financing process to avoid potential delays or issues with the sale.

Does BDC help entrepreneurs find businesses to buy or sell to?

No. Our experts can help you navigate the business transition process, either as a seller or new owner but we do not have information on what businesses are available on the market.

Do you help clients determine a sale price for the business?

No. In order to apply for financing, you must already have agreed on a sale price. We have a free guide that can help.

Cranbrook

Business Centre - Financing and consulting

100-131 7th Avenue South Cranbrook, British Columbia V1C 2J3 Branch #0902

F 250-417-2213 Monday to Friday 9 a.m. to 5 p.m.

BDC Client Contact Centre

T 1-888-463-6232

Mission

Our business centre’s mission is to help create and develop strong businesses in Cranbrook.

Whether you are looking to apply online for a small business loan, or need additional financing for a larger project, our financing solutions are designed to protect cash flow and help grow your business.

You can also access our network of experienced business consultants in Cranbrook, who can provide you with practical advice to help you accelerate your company’s growth.

Business organizations in Cranbrook

Tourism BC
Working closely with communities and businesses, Tourism BC's Industry Development division provides information, conducts workshops, as well counseling, designed to help communities and entrepreneurs choose the right path toward success in British Columbia's tourism industry.

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Cranbrook

BDC Client Contact Centre

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