Business Development Bank of Canada

About Business Development Bank of Canada

Business Development Bank of Canada (BDC) is a financial institution located in the Downtown area of London on Fullarton Street. It serves as a bank specifically devoted to Canadian entrepreneurs, with a primary focus on supporting small and medium-sized enterprises across all industries and at every stage of growth. The bank offers a variety of financing, capital, and advisory services designed to help businesses navigate economic uncertainty and achieve growth. Specific offerings include flexible business loans, smart capital for investment solutions, and expert consulting services. They provide specialized support and resources for specific groups, including women entrepreneurs, Indigenous entrepreneurs, and Black entrepreneurs. Additionally, the bank provides sector-specific programs, such as the Forestry Support Program, which includes liquidity support for operational cash flow and transformation support for manufacturing modernization involving technology, AI, and equipment. BDC also provides various resources like articles, tools, webinars, and studies regarding business trends and financial planning. With over 80 years of experience working with business owners, BDC describes its purpose as empowering a nation of dreamers and doers. The institution is the first and only Canadian bank to receive B Corp certification, indicating a commitment to benefiting society as a whole. It also holds the Partnership Accreditation in Indigenous Relations (PAIR) from CCIB, recognizing its accountable relationships with Indigenous Peoples. BDC has been recognized as one of Canada's Top 100 Employers for 19 years.