Frequently Asked Questions

What is the objective of BCAP?
The objective of the Business Credit Availability Program is to improve access to financing for credit-worthy Canadian businesses with viable business models whose access to financing would otherwise be restricted.

How will BCAP achieve its objective? 
By working in close cooperation with private sector financial institutions, this program will fill gaps in market access and lever additional lending by private sector institutions where joint participation facilitates private action. BCAP will build on, and enhance where possible, existing products and relationships to facilitate access to flexible, incremental credit for Canadian businesses

Who will benefit from BCAP? 
All credit-worthy businesses with viable business models whose activities fall within the mandate of either BDC and/or EDC are eligible to benefit from BCAP. 

How to access BCAP?
Businesses interested in accessing BCAP should first contact their financial institution, which will contact BDC and/or EDC where appropriate.

When will BCAP be available? 
BCAP is currently available. Interested businesses should contact their financial institution for more information

Is there a limit on BCAP support? 
Although no limit exists for a single business, BDC, EDC and participating financial institutions will continue to employ internal risk management practices for granting credit.  Through BCAP, BDC and EDC will provide at least $5 billion in loans and other forms of credit support and enhancement at market rates to businesses with viable business models.