Choose a country
Canada
Choose a city
Choose a city
Choose a language
English
Select country
Choose a country
Canada
Canada
España
México
Philippines
United States
Việt nam
Казахстан
Россия
Україна
Lender
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

BDC's account

Finanso.Multilogin™

How to register an account

Registering on BDC involves a Client Space account creation. Client Space is a secure platform providing real-time access to your account whenever you need it. A Client Space account allows you the following:

  • Apply for a loan and submit all necessary documents online

  • Keep track of your repayment schedule and account balance

  • Request a principal postponement

  • Grant access to your loan details to your shareholders and set up individual access levels

At the time of writing this review, the Client Space area is being updated. So, there is no opportunity to see the registration process.

How to reset a password

When registering a Client Space account, you can quickly restore your password as needed if you have specified your phone number. But, first, you must visit the Client Space login page, click the “Forgot your password” link, and follow the on-screen instructions.

If you haven’t specified your phone number, you can reach out to the BDC support team at 1-800-974-0005, weekdays from 7:30 a.m. to 8 p.m. (Eastern time).

How to delete an account

BDC doesn’t provide any information on deleting your account on their website. However, for information on this matter, you can contact their support team at 1-800-974-0005, weekdays from 7:30 a.m. to 8 p.m. (Eastern time).

FAQ

How does BDC work?

BDC has 123 business centers across Canada that can be visited by appointment only. Business owners seeking financing can schedule an appointment in one of the following ways:

  • By filling in the contact form on the BDC website

  • By calling BDC at 1-877-232-2269, weekdays from 8 a.m. to 6 p.m. (Eastern time)

Those entrepreneurs who are BDC clients can already contact their BDC representatives directly or log in to their Client Space account.

Entrepreneurs can also apply for a loan online through the BDC website. Pages describing each type of financing have the “Apply now” button on them. To proceed with an online application, you can click the “Apply now” button on the page describing the type of loan you are looking for. Alternatively, you can click the link “Request a business loan” on the “Contact us” page of the BDC website.

How do I contact BDC?

BDC’s head office is at Head Office 5, Place Ville Marie, Ground floor, Montreal, Quebec, H3B 5E7. You can reach out to them by:

  • A toll‑free number — 1-877-232-2269

  • A fax — 1-877-329-9232

Or, you can go to the “Contact us” section on the BDC website, click the “Write us” button, and fill in the contact form.

The BDC team will respond to your inquiry within their business hours: Monday to Friday

from 8:00 a.m. to 6:00 p.m. (Eastern Time).

Calculate loan payments in BDC

BDC calculator will allow you to calculate an approximate payment schedule for the loan

Loan amount
i

Enter the desired loan amount

CAD
CAD
10000 $
500000 $
Loan term
i

Specify the loan term for the calculation

months
days
6
60

What to pay attention to when applying for a loan from BDC

  1. The company must have a license if it runs business in Alberta, British Columbia, Manitoba, Ontario and Quebec.
  2. You can check the availability of the relevant license (copy) at the branch of the lending company.
  3. Membership in a self-regulatory organization (SRO) is an additional guarantee of the reliability of the lending company. This information can also be checked at the company's branch or on its official website.
  4. Availability of lending policies.
  5. The procedure for applying for a loan.
  6. The procedure for concluding the loan agreement and receiving the payment schedule.
  7. Other conditions for granting loans.

We recommend

  1. To check out the interest rates and frequency. 
  2. Check the availability of individual terms in the loan agreement (principal amount, term, date of advance, etc.).
  3. Check whether the loan agreement contains information about the total cost of borrowing.
  4. Take time to think – you can change your mind before agreeing or signing a loan agreement.
  5. Speed of loan processing.
  6. Accessibility – alternative lenders often operate where there are no bank branches.
  7. For the borrower - high interest on the loan.
  8. For an investor, the safety of funds is not guaranteed by the state.

What distinguishes BDC from banks:

  1. Simplicity - loan processing is less formalized than in a bank.
  2. Fast loan processing.
  3. Accessibility.
  4. For the borrower - high interest on the loan.
  5. For an investor, the safety of funds is not guaranteed by the state.
Your comment has been added
Error
Your complaint has been recorded
Invalid username or password
comment.alert.error-reg
Please log in to like/dislike
Invalid SMS code has been entered
All BDC’s reviews by September 2022
Leave feedback

Similar companies

Goeasy
33 City Centre Dr #510, Mississauga, ON L5B 2N5
1 844 446 3279
Kingcash
TD Canada Trust Tower, 161 Bay St. 27th Floor, Toronto, ON M5J 2S1
1-844-895-8808
Auto Loan Solutions
3200 Bloor Street West Toronto, ON M8X 1E1
1-800-610-2391
Driven
License No. 6482091
130 Adelaide St W, Suite 3100, Toronto, Ontario, Canada, M5H 3P5.
1-866-889-9412
Symple Loans
161 Bay Street, Suite 2700 Toronto, ON, M5J 2S1
1-888-479-2292