What is the Business Development Bank of Canada?


The Business Development Bank of Canada (BDC) is a bank devoted to Canadian entrepreneurs. To date, BDC has helped more than 60,000 entrepreneurs and has committed more than $36 billion to small and medium-sized business owners. Support is realized through a combination of financing, advisory, education, and capital.

Business loans

BDC’s business loans are broken down into several categories to suit a variety of needs. Those in business for less than 12 months can access BDC partner support. Those in business for 12-24 months have access to BDC startup financing. Options for businesses in operation for 24+ months include solutions for:

  • Small projects
  • Commercial real estate
  • Working capital
  • Business purchase/transfer
  • Equipment purchase
  • Technology purchase
  • Purchase orders
  • Tech company financing

Advisory services

BDC has partnered with more than 500 consultants nationwide to help guide less seasoned business owners through the challenges of entrepreneurship. The consultants specialize in areas particular to BDC’s clients’ needs, such as:

  • Leadership and management
  • Business strategy
  • Sales and marketing
  • Financial management
  • Operational efficiency
  • Human resources
  • E-commerce
  • Digital technology
  • Certifications

Advisory services also offer two programs aimed at companies focused on growth. They are Growth Driver and Business Performance Builder.


BDC’s capital services are targeted to match the best solution with customer needs, whether they need capital to grow the company, transition the brand, or create wealth.

  • Venture capital
  • Growth & transition capital
  • Growth equity partners
  • IP-backed financing

Learning tools

In addition to services and solutions, BDC acts as a learning hub for entrepreneurs at all stages. From one central location entrepreneurs can access COVID-19 business support, articles with business management advice, and interactive tools (calculators, assessments, templates, and guides) to help with decision making and operations.

A learning center provides free courses, which can be done online at your own pace.

Added value

The financial side of any business, large or small, is usually the most challenging for entrepreneurs. A lack of access to capital, working through the challenges of COVID-19, having robust sales, and needing a way to efficiently manage the cash flow – the issues are varied and require unique solutions. As a bank with a sole focus on entrepreneurs, BDC lowers barriers to access and creates learning tools and opportunities so more Canadian entrepreneurs can be successful.

Partnerships matter

As a business owner, partnerships matter. Just as BDC is here for you to provide targeted solutions and services, AF Accounting also focuses on the needs of Canadian small businesses. We have a variety of solutions that can be deployed in person, remotely, for e-commerce businesses, for brick and mortar stores, and for hybrid (online/offline) models. Our services can be anything you need from a virtual CFO to oversee your financial operations to one-time budget advice or forecasting. Modern businesses need modern solutions. AF Accounting is here to fill that need. Contact us today to learn more.

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