Is this the right financing for my business?
These loans are for small and medium-sized businesses that have seen their revenues decrease by 50% or more as a result of COVID-19.
Up to $1 million
The guarantee covers amounts ranging from $25,000 to $1 million to ensure a degree of continuity for your business through the pandemic.
Guaranteed loans
The Government of Canada has mandated BDC to provide a guarantee to your financial institution for 100% of the value of a new term loan, to increase your company’s ability to access new credit.
Flexible and competitive terms
Benefit from a low-interest loan and a repayment term of up to 10 years.
Up to a 12-month postponement of principal payments at the start of the loan.
How to apply
Contact your primary financial institution to find out more. Important: You can apply at one financial institution only.
Program dates
This HASCAP Guarantee is available until June 30, 2021.
