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Finance your business transfer

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1. Federal programs

Aboriginal Business and Entrepreneurship Development

Indigenous and Northern Affairs Canada

If you are Aboriginal or have a majority-owned Aboriginal business, you can apply for up to $99,999 to help you:

  • Start or buy a business
  • Develop a business plan
  • Grow your existing business
  • Market your product or service
  • Develop new products or processes
  • Get business advice

You do not need to pay the money back. Conditions apply.

Before applying, contact a business development officer in your region to discuss your project.

BDC business loans

Business Development Bank of Canada

Whether you are launching a business or looking to expand and grow an existing one, you could get a term loan to help you:

  • Start or buy a business
  • Buy, build or renovate your facilities
  • Buy equipment
  • Research and develop new products
  • Develop new markets for your products
  • Acquire information and communications technology
  • Sell your business

The loan comes with flexible terms.

You may need to provide credit references and to have invested money in your business. Other conditions apply.

BDC Buying a business

Business Development Bank of Canada

Would you like to buy an existing business? Do you need a consultant to help you find out its strengths? You could get a loan to:

  • Buy an existing business
  • Acquire a competitor's or supplier's business
  • Purchase the business that you already manage
  • Pay for a consultant to help evaluate the business and integrate its processes

The type of loan you could get will depend on whether or not you already own land, shares in a business, or other assets.

BDC Capital

Business Development Bank of Canada

Access a wide range of specialized financing to match the various stages of growth of your business, such as:

  • Transforming your ideas into a business
  • Growth initiatives such as R&D, and product and market development
  • Buying or transferring a business, including family successions, management and partner buyouts, and management buy-ins

Options include:

  • Venture capital
  • Customized growth and business transition capital

Terms and conditions may be tailored to meet your unique needs.

BDC Financing for starting a business

Business Development Bank of Canada

Do you need a loan to start or buy a business, or to pay for property and equipment to set up your business? Financing may be available to entrepreneurs who demonstrate:

  • Market and sales potential
  • Competence in the management team
  • Investment in their business
  • Expertise in a chosen field

Other conditions apply.

BDC transition financing

Business Development Bank of Canada

Are you retiring or ready to sell your business? Whether you are transferring your business to a family member or moving on to other ventures, you could get a loan to help with the costs of the transition.

Financing may be available to:

  • Transfer your business to family members
  • Sell your business to your managers or employees
  • Sell your business to an outside buyer

Other conditions apply.

Community Futures Program

Canada Economic Development for Quebec Regions

If you live in a rural area or in a region that doesn't have many job opportunities, you may be able to get a loan to start or grow a business. The amount of funding available and the eligibility criteria depend on the region where you live.

You will need to create a business plan and describe any financing you have received or expect to receive through any other government or municipal program. The funding is a loan that must be repaid.

Farm Credit Canada — loans and lending options

Farm Credit Canada

Do you need financing to start, run, grow, or transfer an agri-food or agribusiness operation? Farm Credit Canada offers a large range of loans with unique terms that can help you:

  • Purchase or improve land, buildings or equipment
  • Buy crop inputs or livestock
  • Make environmental improvements
  • Transfer your business to a new operator

Eligible producers or business owners are Canadian citizens of legal age.

Quebec Economic Development Program (QEDP)

Canada Economic Development for Quebec Regions

Are you looking to start a business? Is your community facing economic development issues? There are programs and services available to help you succeed at every stage of your business.

Find resources that can help you:

  • Start a business or improve productivity
  • Innovate or adopt new technologies
  • Market or export your goods or services
  • Plan for succession
  • Promote your region

Support may also be available for economic development, diversification, and recovery of communities, as well as renovation and expansion of community infrastructure.

2. Provincial programs

Business succession

Fonds de solidarité FTQ

If you plan to buy or sell a financially sound business, you could receive an investment in capital stock or an unsecured loan.

You will have to:

  • Have a realistic business plan
  • Create and maintain sustainable jobs
  • Have a competent team with business experience
  • Be open to investors, alliances and partnerships
  • Have a good market outlook
  • Be profitable and competitive

In addition, the funds can be used to help you develop your strategic plan or for participative management.

Other conditions apply.

Financial Support for Aspiring Farmers

La Financière agricole

If you are planning to take over an existing farm or start a new agriculture business, you could receive a grant of up to $50,000.

You could invest in activities that improve the productivity of your business, for example:

  • Land improvement
  • Equipment purchase

You must:

  • Be 18 to 40 years old
  • Have received recognized training
  • Hold at least 20% of the business' shares
  • Have at least one year of relevant experience in agriculture

Other conditions apply.

Financing for collective entrepreneurship

Investissement Québec

Your cooperative or non-profit organization could receive a minimum funding of $50,000 in loans, loan guarantees, or equity investment of up to 100% of the cost of projects such as:

  • Building acquisition or modernization
  • Purchase of machinery or equipment
  • Refinancing
  • Entry into a new market
  • Acquisition of intangible assets (trademarks, patents, etc.)

The organization must engage in commercial activities.

Other conditions apply.

Local investment fund

Ministère de l'Économie, de la Science et de l'Innovation

If you are starting or expanding a business, you could be eligible for financing in the form of various types of loans or loan guarantees.

Loans can cover eligible expenses such as:

  • Capital expenditures
  • Technology acquisition
  • Working capital for operations

If you are a young entrepreneur, you could get an interest-free loan to help you acquire at least 25% of an existing rural business.

3. Private sector programs

Femmessor — Réussir en affaires

Femmessor

Is your company majority-owned (51%) by one or more women aged 18 or older? You could get assistance for the start-up, expansion or consolidation of your project, including the following:

  • Between $5,000 and $35,000 in loans for a maximum of five years, depending on your region
  • Customized training, workshops or seminars to perfect your skills
  • Individual coaching services or mentoring
  • Networking activities to develop your network of contacts

Your project must be cost-effective and economically viable.

Other conditions apply.

Société d’investissement jeunesse (SIJ) – Founder, Partner and Purchaser Programs

Société d’Investissement Jeunesse

Eligible entrepreneurs receive up to $75.000 in financing for business projects, such as starting or acquiring a business or investing in its share capital.

To be eligible, you must:

  • Be a Canadian citizen or landed immigrant and have lived in Quebec for more than two years
  • Provide at least 10% of the financial stake
  • Work full time for the company

The company must be for-profit, have its head office in Quebec and be incorporated when the loan is granted. Charges apply.

Other conditions apply.

For any inquiries, please contact our information agents.

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