Alterna - Business Accelerator Loan Program

Obtain the cash flow to grow and expand your business

Ready to scale your business?

The Business Accelerator Loan Program, supported by BDC, offers flexible term financing from $25,000 to $500,000*, specifically tailored to help established businesses expand operations, invest in new opportunities, or increase working capital.

Designed for entrepreneurs who have already achieved 12 months of revenue and are now seeking capital to take their business to the next level.

This program is supportive of entrepreneurs from diverse backgrounds, including Indigenous peoples, newcomers to Canada, racialized Canadians, people with disabilities, women, and 2SLGBTQI+ individuals.

Talk to a Business Credit Specialist

Term financing for working capital between $25,000 and $500,000*.

Loans are approved and issued by Alterna Savings, supported by a guarantee from BDC.

Amortizations of up to 6 years, with principal to be paid in equal monthly instalments.

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Call Us 1.877.560.0100

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* Loans from Alterna Savings may be up to $500,000 through the Business Accelerator Loan Program. This amount will be determined on a case-by-case basis and is not guaranteed. Applications subject to eligibility criteria, including: Businesses based in Ontario, having been in operation for at least 12 months, having annual revenues that are under $10 million, having operational cash flow needs between $25,000 and $500,000, and conducting day-to-day banking with Alterna Savings. Some restrictions may apply.

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