Co-Lending Program

Up to $12.5 million for your operational cash flow requirements, co-financed by BDC and your primary financial institution.

IS THIS THE RIGHT FINANCING FOR MY BUSINESS?

For Canadian businesses that are directly or indirectly impacted by COVID-19

Commercial loans

Between $1 million and $12.5 million for cashflow needs, including regularly scheduled principal and interest payments on existing debt.

Flexible terms

Postpone principal payments for up to 12 months if you need additional breathing room. Available until or before December 31, 2021 (extended).

Is my business eligible?

Below are some of the eligibility criteria

Your business was directly or indirectly impacted by COVID‐19
Your business was financially stable and viable prior to the current economic situation
The financing will be used solely to support operational cashflow requirements
Subject to your primary financial institution’s credit criteria

HOW DO I APPLY?

Contact your primary financial institution to apply

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 Co-Lending Program.

Can this financing be combined with other products from the Business Credit Availability Programs (BCAP), such as EDC’s guarantee program for mid‐market companies?

Yes, this is possible. Speak to your primary lender to find out which combination is right for you.

Which other relief program can help my business?

A number of measures, in addition to access to credit, have been put in place through the Government of Canada’s Economic Response Plan to help you through these trying times. We invite you to consult these pages to find out what measure best fits your needs.