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Business Credit Availability Program (BCAP)

What is BCAP?

The Business Credit Availability Program (BCAP) consists of multiple loan programs aimed at helping a range of businesses impacted by COVID-19. The Business Development Bank of Canada (BDC) and Export Development Canada (EDC) work together with eligible financial institutions to offer you solutions through your regular financial institution (banks and credit unions). This program includes administration of the CEBA, Mid-Market Financial loan guarantees and co-lending programs for small and medium-sized enterprises.

Most recent update:
June 2, 2021 – Government announces the extension of the BCAP (except CEBA) to December 31, 2021.

 

Program overview FAQ Other
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BCAP Overview

Program Application Deadline Amount Available Who Can Apply How to apply
CEBA (Canada Emergency Business Account) June 30, 2021 Up to $60,000 Businesses impacted by COVID-19 Through your business banking institution
BDC Co-Lending Program for small and medium-sized enterprises December 31, 2021 Between $1 million and $12.5 million Businesses who were directly or indirectly impacted by COVID-19 Through your business banking institution
EDC Loan Guarantee for small and medium-sized enterprises December 31, 2021 Determined by your financial institution Businesses who need working capital to cover operational costs due to COVID-19 Through your business banking institution
BDC Mid-market Financing Program December 31, 2021 Between $12.5 million and $60 million Medium-sized businesses impacted by COVID-19 and/or the decline in oil and gas prices Through your business banking institution
AccordExpress December 31, 2021 Between $20,000 and $250,000 Small Businesses only Through Accord Financial

Frequently Asked Questions

Visit our COVID-19 Help Centre

Our primary concern at CFIB is making sure you have the support you need to get through this uncertain and challenging time. We provide you with expert advice and ensure that you have all of the latest information on government announcements and available support.