HASCAP

Description:

Is this the right financing for my business?
These loans are for small and medium-sized businesses that have seen their revenues decrease by 50% or more as a result of COVID-19.

Up to $1 million
The guarantee covers amounts ranging from $25,000 to $1 million to ensure a degree of continuity for your business through the pandemic.

Guaranteed loans
The Government of Canada has mandated BDC to provide a guarantee to your financial institution for 100% of the value of a new term loan, to increase your company’s ability to access new credit.

Flexible and competitive terms
Benefit from a 4% interest rate and a repayment term of up to 10 years.
Up to a 12-month postponement of principal payments at the start of the loan.

How to apply
Contact your primary financial institution to find out more.  Important: You can apply at one financial institution only.

Consult the list of participating financial institutions

Program dates
The HASCAP Guarantee is available until December 31, 2021 (extended).

Contact your primary financial institution to apply for this loan. Your primary financial institution is respon

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