BDC Small Business Loan
Federal - Business Development Bank of Canada · Up to $350,000
Flexible BDC loan for existing profitable businesses typically operating 24+ months. Supports inventory, equipment, marketing, hiring, and working capital. Not intended for brand-new startups. Published amount: Up to $350,000. Best for: Existing profitable SMEs needing growth or working-capital financing up to $350K. This is a loan, not a grant. Administered by Business Development Bank of Canada (BDC). Official source: BDC Small Business Loan.
Criteria
| Who qualifies |
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|---|---|
| Who does not |
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| Amount | Up to $350,000 |
| Rate / repayable | BDC floating base + client-specific variance. Repayable: yes (loan / repayable contribution — not a grant). |
| What it funds | Flexible BDC loan for existing profitable businesses typically operating 24+ months. Supports inventory, equipment, marketing, hiring, and working capital. Not intended for brand-new startups. Highlights: Up to $350,000; Typically 24+ months in business and profitable; Faster path for loans under $100K; Not for brand-new startups. |
| Intake window | See the official page |
| Region | Canada-wide, including Markham and York Region, where the published criteria are met. |
| Administrator | Business Development Bank of Canada (BDC) (Federal - Business Development Bank of Canada) |
Published highlights
- Up to $350,000
- Typically 24+ months in business and profitable
- Faster path for loans under $100K
- Not for brand-new startups
FAQ
Is this a grant?
No. BDC Small Business Loan is catalogued as a loan / repayable contribution. BDC floating base + client-specific variance Confirm terms on the official page.
Who qualifies in Markham?
Canada-wide, including Markham and York Region, where the published criteria are met. Qualifies where the published criteria fit: existing businesses; typically 2+ years in business; Canadian citizens, permanent residents; for-profit; available across Canada; existing profitable SMEs needing growth or working-capital financing up to $350K.
Is there a minimum years in business or employee count?
Catalog floors: 2 year(s) in business; no minimum employee count in this catalog. See the official page if a rule is not listed here.
Can newcomers or work-permit holders apply?
The catalog lists Canadian citizens and permanent residents only — work-permit is not in the eligibility list. Do not assume a work-permit newcomer qualifies.
Related programs
Eligibility is determined by the government administrator (Business Development Bank of Canada (BDC)), not Markham Office. Amounts, rates, and windows change. Verify every detail on the official page before you apply. Markham Office is an assessment helper only. As of September 2026.