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Obtain the cash flow you need to get moving on your growth projects

BDC’s Accelerator Loan Guarantee

Business loan request

You are eligible to apply if you meet the following criteria:

Have a Canadian-based business established for the first time
Have been in operation for at least 12 months and generated revenues
Have a good credit history
Have a solid business plan ready—see our free template
You’ve reached the age of majority in the province or territory where you live
Have a reasonable financial investment in the business
Have experience or expertise in your chosen field
Demonstrate realistic market and sales potential

For businesses with at least 12 months of operation

Guarantee on loans from $25K to $500K

Collaboration with Canadian financial institutions

Time to get moving on your growth projects

We are partnering with Canadian financial institutions to expand our reach and make it easier for you to obtain a loan for your business.

BDC’s Accelerator Loan Guarantee helps Canadian financial institutions offer loans to entrepreneurs looking to expand their business and supplement their cash flow. We aim to support your business in its growth objectives while helping to pave the way for a more diverse, equitable, and inclusive landscape for entrepreneurs.

BDC’s Accelerator Loan Guarantee in action


Contact one of the participating financial institutions to begin the financing process.

Your financial institution

Validates your eligibility, processes your request and manages the loan.


Works directly with your financial institution and guarantees the loan.

Our partnerships

We are partnering with Canadian financial institutions with the common goal of helping entrepreneurs get the financing they need to bring their businesses to the next level. BDC’s Accelerator loan guarantee is designed to provide support to financial institutions so that together, we can reach and do more for businesses like yours. We are pleased to collaborate with the following financial institutions:

  • Meridian Credit Union (Available to Ontario-based clients only)
  • The Toronto-Dominion Bank

We are continuing to expand this offering and will look to add additional financial institutions to our partner roster.

Contact your financial services representative at one of our partner institutions if you wish to learn more about the program and apply for a loan.

Frequently asked questions

How can I apply for BDC’s Accelerator Loan Guarantee?

Contact a partner financial institution to find out whether the BDC’s Accelerator Loan Guarantee is right for your business and how to apply for a loan.

I’m a BDC client, can I apply directly through you?

No, you must apply through one of our partner financial institutions and they must be your primary lender.

Who are the partner financial institutions I can contact?

Currently, BDC’s Accelerator Loan Guarantee is offered through Meridian Credit Union* and The Toronto-Dominion Bank. Should you wish to learn more about the program and if it is right for you, please contact a representative from this financial institution.

*Available to Ontario-based clients only

What are the eligibility criteria to apply for the loan?

The loan is available to all Canadian businesses that have at least 12 months of operation, less than $10 million in revenue and require a working capital loan between $25,000 and $500,000. The loan is managed and disbursed by your financial institution. They will advise you of the eligibility criteria and if your business qualifies.

Can I be eligible for BDC’s Accelerator Loan Guarantee if I have an existing loan with one of the partner financial institutions?

Yes, provided they are your primary lender. Simply contact your representative at your financial institution for more information.

Where can I get the status of my loan application?

Check with your financial institution, as they are responsible for managing this program and can provide a status on your application. BDC does not have access to the details of your loan application.

What do I do if my business is declined a loan under BDC’s Accelerator Loan Guarantee?

You will be notified directly by your financial institution. BDC does not have any visibility into the reasons for the declined application. For more information and to discuss the options available to you, contact your financial institution representative.

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