What does BDC, Indigenous Entrepreneur financing finance?
BDC, Indigenous Entrepreneur financing is a crown or program lender financing Indigenous businesses across Canada. Term financing and advisory for Indigenous-owned businesses.
Indicative deal size: $250k to $1M. Actual amounts depend on the business, the project and the security available, and are confirmed deal by deal.
What is a crown or program lender?
Crown corporations and government-backed programs provide financing with a public policy mandate. They can take on files that fall outside a bank's appetite and are frequently paired with IFI or bank financing in the same deal.
What lenders look for
Ability to repay
Cash flow, historical or forecast, that comfortably covers the payments.
Financial statements
Current, accurate statements. Late or messy books are the most common reason files stall.
Equity in the project
Your own contribution, which grants and equity programs can help provide.
Security and management
Assets to secure the loan and a team that can deliver the plan.
Pairing a loan with other capital
Most well-structured Indigenous business financings combine sources: grants or equity contributions first, then developmental, Crown or bank debt for the balance. See how our debt advisory and placement service runs a lender process.