Administered by Government of Canada · Last verified: July 2026
Business Development Bank of Canada offers flexible financing for SMBs that commercial banks often decline. Subordinate debt, quasi-equity, and patient capital available.
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 Growth & Transition Capital is generally open to incorporated, partnership businesses, in any province or territory. Confirm the full criteria on the official program page before applying.
The estimated value is Up to $5,000,000. The actual amount depends on your eligible costs, the program's budget, and approval.
1. Contact your nearest BDC branch 2. Complete a financing application 3. Prepare supporting financial documents 4. Meet with a BDC account manager
Rolling applications.