Financement BDC — Prêt petites entreprises

📋 Eligible Entities - Small businesses operating in Canada - Incorporated companies - Sole proprietors - Partnerships - Non-profit organizations (in some cases) - Businesses with annual revenues typically under $2 million (subject to BDC assessment) - Established businesses with operating history (minimum 2 years typical) - Businesses in good standing with CRA and provincial authorities ### 💰 Funding Details - Loan Amount: Up to $100,000 CAD per application - Repayment Structure: Flexible repayment terms negotiated based on business cash flow - Interest Rate: Competitive rates determined at time of application (rates vary by risk profile) - Term: Typically 3–10 years depending on loan purpose and business circumstances - Matching Requirement: None specified; this is a direct loan (not a matching grant) - Repayability: Full repayment required with interest; this is a loan, not a grant - Security: Personal guarantee typically required; may require business assets as collateral ### 🛠️ Approved Expenses - Cash Flow Management: Short-term working capital and operational expenses - Business Operations: General operational improvements and efficiency enhancements - Equipment & Technology: Purchase of machinery, tools, and business technology - Inventory: Stock purchases and inventory management - Facility Improvements: Renovations and facility upgrades - Debt Consolidation: Consolidating existing high-interest debt - Staffing: Payroll and training expenses - Marketing & Business Development: Growth and market expansion initiatives ### ⚠️ Conditions & Milestones - Application Process: Online application through BDC website with supporting financial documentation - Credit Assessment: Business and personal credit review required; minimum credit score expectations apply - Financial Documentation: Recent business financials, tax returns (2 years minimum), and cash flow projections - Business Plan: Clear demonstration of how funds will be used and repayment ability - Use of Funds: Money must be used for legitimate business purposes only - No Government Matching: Applicant is solely responsible for repay