Loan Guarantee for Small and Medium-Sized Enterprises

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by Greg Pietersma | Jan 8, 2021 | Covid, COVID19 Grants & Supports, Grants & Financial Supports

For medium-sized businesses with annual revenues in excess of about $100 million to $500 million, from any sector or industry
To cover operational liquidity needs and business continuity activities

Mid-Market and Oil & Gas Financing Programs are merged to facilitate coordination and the processing of loan requests.

Junior loans

Loans ranging between $12.5 million and $60 million each, available until or before June 2021. These loans are provided jointly by BDC and your primary financial institution.

Flexible terms

Spanning on four years, after which principal is to be repaid as a balloon payment. Interest payments for the first 12 months will be capitalized and due at maturity.

More Information

Author: Greg Pietersma

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