Loan Federal ● Open

BDC Small Business Loan

Business Development Bank of Canada (BDC) · Prince Edward Island

Funding amount

Up to $350,000

Application difficulty

Medium

Typical timeline

10-30 days

How to apply

Online

📋 About this program

Flexible financing for day-to-day operations or new projects. Eligible uses include inventory, product development, energy efficiency upgrades, marketing, staff training, and market expansion.

✅ Who qualifies

Business stage

GrowingEstablished

Eligible uses

OperationsEquipmentExpansionMarketingHiringEnergy Efficiency

🚀 How to apply

Check your eligibility — Review the requirements above, or use FundNavigator's free AI matcher to confirm this program is a fit for your business before spending time on the application.
Prepare your documents — Common requirements include: Completed online loan application, Business registration documents, Financial statements (2-3 years), Personal and business credit references, Void cheque.
Submit your application — Apply at the official portal →

💡 Tips & notes

Requires 24+ months of revenue. Must be profitable with good credit history. No collateral required for loans under $100K.

Apply at official portal →

Not affiliated with Business Development Bank of Canada (BDC). Always verify eligibility directly with the funding body.

Program details

Status Open

Type Loan

Level Federal

Amount Up to $350,000

Administered by Business Development Bank of Canada (BDC)

Application Online

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