Commercial Real Estate Loan Get extra space to grow

Any Canadian entrepreneur with a viable business plan can apply, provided the business meets these key requirements:

• Location: Your business must be registered and active in Canada.
• Time in business: Typically operating and generating revenue for at least 24 months.
• Financial health: Demonstrate profitability (or a clear path to it).
• Credit history: A good track record for the business and its owners.
• Owners, CEO, and shareholders: Must have reached the age of majority.
• Clear purpose: Financing is intended for property acquisition, construction, renovation, or other related expenses.
• Business plan: A solid plan with realistic projections and clear objectives is essential.
• Collateral: Usually requires the property itself and may also require a personal or corporate guarantee.

Other factors—such as your industry, project feasibility, and how quickly you provide required documents—can also influence approval.

No down payment is required for a business loan with BDC. However, certain purchases—such as real estate—may require a down payment.

A commercial mortgage is a loan secured by a commercial property, which serves as collateral. It’s typically used to purchase, refinance, or renovate property, requires a down payment of 20–35%, and often has terms of 5–25 years with possible balloon payments.

A commercial real estate loan is more flexible. It can cover property costs plus related expenses like construction, renovation or downpayments. These loans may finance up to 100% of project costs, offer interest-only periods, and use property plus other assets as collateral.

Key difference: Mortgages are property-specific and require a significant down payment, while loans offer broader financing options and may require less upfront capital.

At BDC, we create commercial real estate financing solutions tailored to your business objectives. Our focus is on flexibility and customization, ensuring your financing aligns with your project’s unique requirements—whether you’re buying, building, or renovating.

A good credit score helps, but BDC looks at your overall financial health and growth potential—not just the number in your credit report. Each situation is unique, so it’s not possible to provide a specific credit score range.

Interest rate is only one part of your total financing package. At BDC, we offer more than affordable rates—we provide flexible repayment terms, higher levels of financing, and tailored solutions to support your business growth. Our approach includes long-term financing options, advisory services, and specialized programs that many traditional lenders don’t offer.

Because every situation is different, interest rates vary from one client to another, and it’s not possible to provide a specific range.

BDC’s Commercial Real Estate Loan typically starts at $100,000 and can go up to several million dollars, depending on your project and eligibility. The amount approved will depend on factors such as your business’s financial health, cash flow, and growth potential. Contact us to discuss your project and find the best financing solution for your needs.