Grow your business with the Business Accelerator Loan Program (BALP)1

 

A financing option through TD supported by a guarantee from  Business Development Bank of Canada (BDC) that can help manage your cash flow, providing access to fund your day-to-day operations.

Here's what you get

  • Total loan between $25,000 - $500,0002
  • Amortization on loans up to 6 years
  • Floating Interest rate options available based on TD Prime Rate with no prepayment penalties
  • Personal guarantees required
  • One-time BDC guarantee fee of 1% of the loan amount

BALP Eligibility3

  • Canadian business in continuous operations for 12 months
  • Business annual gross revenue is less than $10 million CAD in the year you apply
  • Revenue generated from the sale of goods or services
  • Exclusively used to fund the operating cash flow needs of the business
  • Additional eligibility requirements and conditions apply.
    For more information, please contact an Account Manager.

Here's what you get

  • Total loan between $25,000 - $500,0002
  • Amortization on loans up to 6 years
  • Floating Interest rate options available based on TD Prime Rate with no prepayment penalties
  • Personal guarantees required
  • One-time BDC guarantee fee of 1% of the loan amount

BALP Eligibility3

  • Canadian business in continuous operations for 12 months
  • Business annual gross revenue is less than $10 million CAD in the year you apply
  • Revenue generated from the sale of goods or services
  • Exclusively used to fund the operating cash flow needs of the business
  • Additional eligibility requirements and conditions apply.
    For more information, please contact an Account Manager.

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