BDC Financing — Purchase Order Loan

About this program

Purchase order financing for entrepreneurs

What this program funds

The Business Development Bank of Canada (BDC), a Crown corporation, offers purchase order loans to help small and medium-sized entrepreneurs finance orders from customers. The program provides financing based on confirmed customer purchase orders, allowing businesses to cover costs like materials, labor, and production before payment is received from the customer.

Eligible applicants are small and medium-sized enterprises that have received a confirmed purchase order from a customer. The business must be able to demonstrate the ability to fulfill the order and repay the loan.

Financing is provided in the form of a loan. The specific loan amount, terms, and interest rates are determined on a case-by-case basis depending on the purchase order value and the applicant's financial situation.

Applications are accepted on a rolling basis, with no set deadline.

Written by AI from this listing's own details, with no facts added. How we use AI. Always confirm the details on the funder's official page before applying.