BDC Business Development Bank of Canada

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About BDC Business Development Bank of Canada

BDC Business Development Bank of Canada is a financial institution and consulting firm located in the Westmount neighbourhood on Fullarton Street. It serves Canadian entrepreneurs, specifically supporting small and medium-sized businesses across all industries and at every stage of growth. The business centre's mission is to help create and develop strong businesses in London by providing both money and advice. The bank offers a variety of financing and advisory services, including business loans, smart capital, and flexible financing solutions designed to protect cash flow. Specific programs include the Forestry Support Program, which provides liquidity support for manufacturers and service companies, as well as transformation support for modernization projects involving technology, automation, and AI. Additionally, the bank provides consulting services, letters of credit, and specialized programs like the Softwood Lumber Guarantee Program. Customers can also access resources such as a business loan calculator, a free marketing plan, and various business articles and tools. With over 80 years of experience working with business owners, BDC describes itself as the bank for Canadian entrepreneurs. The organization is the first and only Canadian bank to receive B Corp certification, which it notes signifies a commitment to benefiting society as a whole. It also holds the Partnership Accreditation in Indigenous Relations (PAIR) certification from the CCIB. BDC highlights its commitment to Indigenous reconciliation and its role as a recognized employer in Canada.

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