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Joint loan program

Business Development Bank of Canada

Whether your business is directly or indirectly affected by the pandemic, it could receive between $1 million and $12.5 million in the form of a loan to meet its cash flow needs.

The loan is made jointly with participating banks.

Principal repayments on the loan can be deferred by 12 months.

Eligibility criteria:

  • Be a viable business pre-pandemic;
  • Meet your bank’s criteria.

Contact your primary financial institution to apply.

The loan is available until June 2021.

Some conditions apply.

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