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Mid-Market Financing Program

Junior loans ranging between $12.5 million and $60 million for medium-sized businesses particularly impacted by the COVID-19 pandemic and/or the recent decline in oil and gas prices Last updated on June 18, 2020

Looking for different financing options? See all COVID-19 programs

IS THIS THE RIGHT FINANCING FOR MY BUSINESS?

For medium-sized businesses with annual revenues in excess of about $100 million to $500 million, from any sector or industry

To cover operational liquidity needs and business continuity activities

Mid-Market and Oil & Gas Financing Programs are merged to facilitate coordination and the processing of loan requests.

Junior loans

Loans ranging between $12.5 million and $60 million each, available until or before September 30, 2020. These loans are provided jointly by BDC and your primary financial institution.

Flexible terms

Spanning on four years, after which principal is to be repaid as a balloon payment. Interest payments for the first 12 months will be capitalized and due at maturity.


Is my business eligible?

Below are some of the eligibility criteria

Is my business eligible?

Your business must have been financially stable and viable prior to the current economic environment

Your business was directly or indirectly impacted by COVID‐19 and/or the recent decline in oil and gas prices

Your business’s credit needs exceed what is already available through the co-lending program and other measures

HOW DO I APPLY?

Details about the program and the implementation strategy are now available

Get details

Looking for a different financing solution for your business? See how BDC can help

Frequently asked questions

Here are some answers to questions you may have on the Mid-Market Financing Program

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