TD Helps - supporting businesses through financial uncertainty

Is your business impacted by COVID-19? Let's find solutions.

As a business owner, you can access the financial relief you need via TD Helps. To contact one of our Account Managers, Small Business, use our Find an Account Manager tool to locate an Account Manager near you, and call or email them directly. You have a lot on your mind, and we want to be there for you. Here’s how:

Canada Emergency Business Account (CEBA)

On October 9, 2020, the Government of Canada announced that CEBA support will be expanded from $40,000 to $60,000. This expansion is not yet available, and more details on these changes and the launch date will be shared soon.

Request a $40,000 loan (interest free until December 31, 2022). Up to $10,000 may be eligible for loan forgiveness.

  • CEBA Term Loan Agreement:
    Important terms and conditions of the CEBA loan agreement can be found here, anytime. Please review before you apply.
  • TD Privacy Agreement:
    Please also understand the privacy and disclosure conditions you’ll be required to authorize. Please read carefully before proceeding.
Expanded eligibility for businesses without a business bank account.
 
For instructions on how to apply for a CEBA loan through TD under the recently expanded eligibility guidelines for businesses without a business banking bank account, click here
For Businesses with total employment income paid to employees in 2019 greater than $20,000 and less than $1.5MM, apply below:
For Businesses with total employment income paid to employees in 2019 of $20,000 or less, apply below:




Business Development Canada (BDC) Co-Lending Program

The Co-Lending Program brings the BDC together with TD, to co-lend term loans to Small and Medium businesses to help with operational cash flow requirements. Eligibility requirements include but are not limited to:

  • Differing maximum finance amounts based on business revenues
  • Principal payment deferral options available

Business Development Bank of Canada (BDC) Mid-Market Junior Financing Program

The BDC Mid-Market Junior Financing Program brings the BDC together with TD, to provide term loans, ranging from $12.5 million to $60 million, to medium and larger-size businesses to help with operational cash flow requirements. Eligibility requirements include but are not limited to:

  • Annual revenues of $100 million or more.
  • Businesses incorporated in Canada that generate revenue from the sale of goods or services and have business operations in Canada.

EDC Business Credit Availability Program (BCAP)

Export Development Canada’s Business Credit Availability Program (BCAP) offers eligible mid-sized to large customers with operating credit to help sustain operations impacted by COVID-19.

The EDC BCAP program includes:

  • An operating credit of up to $6.25 million.
  • 80% of the loan guaranteed by the Federal Government through the EDC.


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