Business Accelerator Loan Program (BALP)
LoanCanada — federal$25,000 – $500,000
A federal loan guarantee program offered through partner Canadian financial institutions that helps entrepreneurs access working capital loans between $25,000 and $500,000 to support business growth and expansion. BDC guarantees the loan while the partner financial institution manages the application and disbursement.
What you'll need
- Business registration or incorporation documents
- Financial statements demonstrating 12+ months of operation
- Revenue documentation showing less than $10M annual revenue
- Business plan or growth project details