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New Canadian entrepreneur

Get financing and advice to build your own business

BDC is the only Canadian bank that works exclusively with entrepreneurs. We provide financing to small and medium-sized businesses in all industries and at every stage of growth.

56,000 customers

123 business centres

2,200 employees

New Canadian Entrepreneur Loan

Access up to $50,000* to start your company now

With your new life in Canada, starting a business that you can call your own is an exciting prospect. But as a newcomer here with little or no credit history, where do you find the money to get your company off the ground? With a minimal personal investment in your business, BDC can provide the financing you need to launch your company and create your own success story.

Benefits for your business

Breathe easy with flexible repayment terms

Make no capital payments for up to 12 months at the start of the loan, followed by a repayment period of up to 6 years.

Financing designed for new Canadians

Get a loan with little or no credit history.

Limited personal risk

No personal assets are taken as collateral for the loan.

Are you eligible?

  • You immigrated to Canada less than three years ago, and are a Canadian citizen or have permanent residence status
  • You have a viable business plan
  • You have no established or little credit history to easily access financing
Apply online

*Subject to approval. Certain conditions apply.

Articles and resources

Discover our comprehensive collection of articles, tools and tips designed to help you make better business decisions and achieve your business goals.

Learn more