Are you a business owner who identifies
as a woman, Black, or Indigenous person?
Get up to $350,000 in funding to
launch or expand your business.
View Required Documents
INCLUSIVE ENTREPRENEURSHIP LOAN
Grow your business with
affordable financing.
Loan Amount
Up to $350,000
Interest Rate
Around 10% - 13%
Prime + (3% - 6%)
Loan Term
8-year term with up to
24 months of principal
payment postponement
QUALIFICATION CRITERIA
Business is based and
registered in Canada
Annual revenue
less than $3M
At least 51% owned
by persons
from underserved
communities*
Credit score of 670
and above
*For the purpose of this loan, underserved communities
include women, Indigenous and Black entrepreneurs
APPLICATION PROCESS
Frequently Asked Questions
Who is this loan for?
Why is this program limited to certain groups?
Who qualifies for this loan?
What are the loan terms?
How do you calculate the interest rate? Is it the same for all clients?
What documents are required to apply?
What can the loan be used for?
I’m part of the identified groups, but I’ve recently been declined for another BDC loan. Can I still apply for the Inclusive Entrepreneurship Loan?
How long will the loan be available?
Your Partner In Achieving Business Excellence
