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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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Contact an Account Manager