Business purchase or transfer loan
The Financing to Transfer a Business offers long-term loans based on fixed assets (like land, buildings, and equipment), unsecured loans for intangible assets (such as intellectual property, goodwill, and client lists), and vendor take-back financing.
- Business Development Bank of Canada
Overview of the Business purchase or transfer loan program:
The BDC Business Loan for Buying or Transferring a Business provides financing to individuals looking to purchase or take over an existing business in Canada. The loan offers flexible repayment terms, including options for seasonal payments and longer amortization periods. It can be used for various purposes, such as buying shares, assets, or financing a management buyout. The loan aims to help entrepreneurs acquire established businesses and facilitate smooth ownership transitions.
Benefits of the Business purchase or transfer loan program:
- Acquire fixed assets
- Purchase land, a building, equipment and shares of an existing business.
- Buyout a business
- Secure financing for a family succession, a management buyout (MBO) or to refinance vendor financing (vendor take-back).
- Acquire intangible assets
- Access additional financing to obtain intellectual property, goodwill and client lists.
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