Last week, representatives from the Business Development Bank of Canada (BDC) and the Department of Small Business, Export Promotion and International Trade provided a thorough review of the newly launched Highly Affected Sectors Credit Availability Program (HASCAP).
Loan amounts can range from $25,000 to $1M per organization at a 4% fixed interest rate, with up to a 10-year repayment term.
Applications open today, February 1st.
For the full presentation by BDC, click here to view or download.
To view the Government of Canada’s news release, click here.