Grow your business with the Business Accelerator Loan Program

A financing option through Alterna Savings supported by a guarantee from Business Development Bank of Canada (BDC).

Securing financing can be a significant hurdle for entrepreneurs, particularly for those from diverse backgrounds, including Indigenous peoples, women, newcomers to Canada, visible minorities, 2SLGBTQ+ individuals, and people with disabilities.

To help bridge this financing gap, Alterna Savings Business Accelerator loan program, supported by BDC, offers flexible term financing ranging from $25,000 to $500,000, designed to enhance access to working capital.

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Talk to a Business Credit Specialist

Loan Program Eligibility Criteria:

Your business may be eligible if you:

  Are based in Ontario

  Have been in operation for at least 12 months

  Have annual revenues that are under $10 million

  Have operational cash flow needs between $25,000 and $500,000

  Conduct your day-to-day banking with Alterna

Note: The loan proceeds must be used to fund the operational cash-flow needs of your business, not to replace other loans you may hold.