Business Credit Availability Program (BCAP)
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This page was last updated on April 14, 2020.
The Government of Canada has established a Business Credit Availability Program (BCAP) to provide $40 billion of additional support through the Business Development Bank of Canada (BDC) and Export Development Canada (EDC).
This program includes:
- Loan Guarantee for Small and Medium-Sized Enterprises
- Co-Lending Program for Small and Medium-Sized Enterprises
These programs will roll out in mid-April, and interested businesses should work with their current financial institutions.
More information here.