Business Credit Availability Program (BCAP)
This is a loan guarantee program for small and medium sized businesses in collaboration with your financial institution, Export Development Canada (EDC) and Business Development Bank of Canada (BDC).
The purpose is to issue new operating credit and increase cash flow for these businesses.
- First contact should be with your own financial institution with whom you have a pre-existing relationship in order for them to assess your financial request.
- If the support needed exceeds the support your financial institution can provide, they can work along with BDC and/or EDC to access.
- No limit for a single business however, BDC, EDC, and your financial institution will employ internal risk management practices for granting credit.
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