As part of the federal government’s new Business Credit Availability Program (BCAP), Alpha Guarantee Bank and Export Development Canada (EDC) are partnering to provide small-and medium-sized Canadian businesses with up to $6.25 million in credit during the COVID-19 pandemic. The loan will help business access the credit they need to cover necessary operating expenses. Your business does not have to have export sales to qualify for this program.
To learn more information about the BCAP, including eligibility requirements, application process and more, you can give our Contact Centre a call at info@alphaguarantees.com to speak with a lending specialist. After we’ve had an initial conversation, you’ll need to fill out an online application form on EDC’s website, where you’ll provide EDC with high-level information about your company.