For businesses directly or indirectly impacted by COVID-19
This financing is meant to help you get your operations back to where they were prior to the pandemic.
Up to $2 million to help cover operational activities such as supporting sales growth, financing initiatives to drive revenue and support a recovery plan.
12 months initial principal postponement followed by flexible payments (including a balloon payment at the end).
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
You have a plan to explain how your investment will bring activities back to pre-pandemic levels
The loan is used to continue or resume operations
Start by telling us about your project
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
Can this financing be combined with other products from the Business Credit Availability Program (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.
My request for financing has been declined. Do I have another option?
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.