With a clientele of over 56,000 entrepreneurs and over 200,000 borrowers, the Business Development Bank of Canada is a good place to visit when you’re looking to invest in or purchase a business or finance the needs of your own. While they do offer loans of up to $100,000 for aspiring business owners, you might be able to secure even more financing if you’re an investor with the right business strategy. Contact them today to learn what it takes to be approved.
Loan Range | Rate & Terms | Product Details | Eligibility | Requirements & Documents | |
|---|---|---|---|---|---|
Business Loan | $100,000+ |
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They are not out to help entrepreneurs, its a lie. They are yet another government-ran bank with clueless employees. If you are a small business, good... read more
I’ve referred many clients to BDC over the years and after hearing many negative reports I decided to try myself. The place is an absolute Joke.... read more
BDC is a “bank” and NOT “for entrepreneurs”. Run like a government department rather than a supporter of small business.
I am now 16 years with BDC, 3 loans later. 1: buy business 2: renovate business 3: expand business. COVID19 has taken 16 years of work and killed it. ... read more
Applied for a small business loan due to Covid at the start of the pandemic (March) and have not heard back if approved and it is already May. Terribl... read more
The BDC is not out to help small businesses. They are out to make money. Be prepared to pay insane interest! Oh and if there’s a global pandemic and y... read more
The worst bank ever. People work there are brainless and super hard to reach.
This government-run organization’s goal is to provide loans, easy to get with higher interest rates, but will not explain how interest rates kee... read more
Probably the worst bank I’ve dealt with, 11 to 13 percent interest for entrepreneurs… how do so many groups propose them as a solution.
Dealing with BDC is like I’ve sold my soul to the devil. At first it was nice dealing with BDC but with the Canadian economy slowing down, BDC i... read more
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