As Canada's small business bank, BDC has responded to this need with term loans and quasi-equity products, often combined with consulting services. Startup businesses often face challenging hurdles, and BDC endeavours to fill the gap in traditional lending by providing these valuable companies with the necessary financing to get their businesses off the ground. Certain segments of our economy may also find it particularly challenging to access capital. BDC offers specially designed small loans to micro businesses, young entrepreneurs, and aboriginal clients.
Innovation is a small business' survival tool.
In response to the growing demand for faster turnaround banking services, BDC has responded in its own way with BDC Connex.