Loan Federal

BDC Business Purchase or Transfer Loan

Business Development Bank of Canada · Prince Edward Island

Funding amount

Customized amount

Application difficulty

Medium

Typical timeline

Not stated publicly

How to apply

Online Portal

📋 About this program

BDC acquisition and succession financing for entrepreneurs buying a business or transferring ownership. It is designed to protect working capital while supporting smoother business transitions.

✅ Who qualifies

Business stage

StartupGrowingEstablished

Eligible uses

ExpansionOperations

🚀 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 — Most programs require business registration documents, recent financial statements, and a description of how you'll use the funds.
Submit your application — Apply at the official portal →

💡 Tips & notes

Useful for succession planning and owner transitions where bank financing may need added flexibility.

Apply at official portal →

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

Program details

Status Active

Type Loan

Level Federal

Amount Customized amount

Administered by Business Development Bank of Canada

Application Online Portal

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