Trade uncertainty: Explore resources and tools for your business.

Trade uncertainty: Explore solutions, resources, and tools for your business.
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Small business loan simulator See how much a small business loan could cost you

View an estimate of your monthly loan payments and better plan your budget.
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Select an amount and see the average cost of a small business loan

Non-blended interest payments, 5-year term
Non-blended interest payments, 8-year term
Non-blended interest payments, 8-year term
$100,000 $200,000 $300,000
Non-blended interest payments, 5-year term
Non-blended interest payments, 8-year term
Non-blended interest payments, 8-year term
$768
Monthly payments. Months 1-6,  interest-only payments.
$2,435
Monthly payments. From month 7, principal payments start and decrease over time.
$27,275
Total interest paid at the end of term (60 months).
$1,537
Monthly payments. Months 1-12, interest-only payments.
$3,571
Monthly payments. From month 13, principal payments start and decrease over time.
$90,052
Total interest paid at the end of term (96 months).
$2,305
Monthly payments. Months 1-12, interest-only payments.
$5,356
Monthly payments. From month 13, principal payments start and decrease over time.
$135,078
Total interest paid at the end of term (96 months).
This loan calculation is an estimate. Monthly payments are based on the average rate offered to eligible clients. Your interest rate will depend on various factors, such as the loan amount, how long you've been in business, and your credit score. Some conditions are subject to loan approval, which may impact some of these calculations.

Loan payments that decrease over time

You can’t predict interest rates, but you can secure manageable monthly payments with BDC.

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Shrinking payments

BDC loans are non-blended, so you pay the same principal amount every month. Interest is calculated on the remaining balance, which decreases with each payment.

Save on interest

What does this mean? Your payments become smaller over time, and you pay less interest overall.  

Keep more cash in your business so you can focus on growth

This graph shows you how your payments can decrease over time, helping you boost your cash flow.

Repayment schedule

See the full repayment schedule example

Send me an example

A loan that lets you breathe easy

Achieve your goals with flexible financing terms.

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Secure and predictable financing

Our terms stay stable—no surprise charges, changes or early repayment demands without due cause.

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Make prepayments, repay sooner 

We let you make early or lump-sum payments with no penalty so you can pay down your loan faster1.

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No assets taken as collateral

We only ask for a personal guarantee, so you won’t need to pledge any assets as collateral. This may also save you extra legal fees.

General eligibility criteria

Thinking about a loan? Make sure you and your business meet our minimum requirements.

Canadian-based

Your business is registered in Canada even if you do business elsewhere. 

Earning revenue

Your business has recorded revenues.

Good credit

Your personal and business credit are in good standing.

Business bank account

Your business has an account with a financial institution.

Explore our recommended articles

How to get a business loan in Canada

How to improve your credit scores

Line of credit or working capital loan?

Keep your business running at its best

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1 Clients with loans under $100,000 can make a maximum of two partial prepayments in a twelve-month period, or fully repay their loan, at any time during the loan term. For loans over $100,000, clients may make a single annual prepayment of up to 15% of the outstanding principal in a twelve-month period anytime after the loan’s first anniversary date.