BDC Market Xpansion Loan

In plain language

BDC's program-structured lending product specifically for market expansion activities — the loan is sized and priced around soft costs (marketing, trade shows, trademark filings) that traditional bank financing avoids. Incorporated NL businesses with 2+ years of operating history qualify; sole proprietors do not. Rates follow BDC prime (higher than chartered banks), so this is gap-filling capital, not cheap capital. Pair with canexport-smes for non-repayable cost-share on eligible export marketing — the grant covers 50%, the loan can fund the remaining 50% plus ineligible categories. Straightforward 2–4 week decision through a BDC account manager.

Who qualifies

What you'll have to report

Standard BDC covenant reporting; financial statements annually; draw documentation for milestone-tied expenses.