Administered by Government of Canada · Last verified: July 2026
Business Development Bank of Canada loan for purchasing manufacturing equipment, vehicles, software, and other capital assets. Up to 125% of asset cost (covers installation and training) with extended terms.
Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityBDC Equipment Purchase Loan is generally open to incorporated, self-employed, partnership businesses, in any province or territory, in Manufacturing, Construction & Trades, Agriculture, Technology & Software. Confirm the full criteria on the official program page before applying.
The estimated value is Up to 125% of equipment cost, terms up to 10 years. The actual amount depends on your eligible costs, the program's budget, and approval.
1. Get a quote from the equipment vendor 2. Apply through BDC online or in person 3. Receive funding upon approval
Rolling: apply when needed.