Loan Federal

BDC Equipment Loan

Business Development Bank of Canada · Prince Edward Island

Funding amount

Up to 125% of purchase price

Application difficulty

Medium

Typical timeline

Not stated publicly

How to apply

Online Portal

📋 About this program

BDC equipment financing for new or used equipment purchases, with room to finance related costs and future equipment needs. Useful for businesses upgrading machinery, systems, or productive assets.

✅ Who qualifies

Business stage

StartupGrowingEstablished

Eligible uses

Equipment

🚀 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: Business financial documents (referenced as needed for analysis — specific list provided after initial contact with representative), Equipment purchase details/quote (implied by project description step).
Submit your application — Apply at the official portal →

💡 Tips & notes

BDC states the loan can cover up to 125% of the purchase price of equipment.

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 Up to 125% of purchase price

Administered by Business Development Bank of Canada

Application Online Portal

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