-
Co-Lending Program for SMEs:
- Working capital loans to SMEs of up to $6.25 million split between BDC (80%) and your financial institution (20%). -
Loan Guarantees for SMEs:
- Operating credit and cash flow term loans of up to $6.25 million to be repaid in 1 year (80% guaranteed through EDC), specifically for SMEs. -
Canada Emergency Business Account:
- Interest-free loans of up to $40,000 to small businesses, to help cover their operating costs during a period where their revenues have been temporarily reduced.
Source :
https://www.canada.ca/en/department-finance/economic-response-plan/covid19-businesses.html