Application questions · Business Development Bank of Canada

Business Development Bank of Canada (BDC) Financing: the application questions

What Business Development Bank of Canada’s form asks you, word for word, with its length limits and what reviewers decide.

18 questions you answer3 written answers6 with a length limitSaved September 3, 2026

Business Development Bank of Canada (BDC) Financing asks you 18 questions, 3 of them written answers. 6 carry the funder’s own length limit, for example “About your project” (1,000 characters) and “Tell us about your project and how the loan will be used (over $350,000 path)” (500 characters). It asks for 9 documents with the application. Every question below is quoted from Business Development Bank of Canada’s own documents, saved on September 3, 2026.

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The questions, in the funder’s words

Tap a question for the form’s exact wording and its limit.

Online loan request 5

1How much do you want to borrow?Short answer
The form’s words
How much do you want to borrow?; Enter an amount of $10,000 or moreBusiness Development Bank of Canada · saved September 3, 2026
2How long has the business been in operation?Choice
The form’s words
How long has the business been in operation?Business Development Bank of Canada · saved September 3, 2026
3About your projectWritten answer1,000 characters
The form’s words
About your project; Tell us about your project and how the loan will be usedBusiness Development Bank of Canada · saved September 3, 2026

Limit: 1,000 characters (about 167 words). The funder’s own limit.

4Business eligibilityChoice
The form’s words
Business eligibility; Verify if your business is eligible to apply for financing; Check the boxes that applyBusiness Development Bank of Canada · saved September 3, 2026
5Last step before seeing if your project is eligibleShort answer
The form’s words
Last step before seeing if your project is eligible; First name; Last name; Email address; Mobile numberBusiness Development Bank of Canada · saved September 3, 2026

Over $350,000 request 9

6How long has your business been in operation? (over $350,000 path)Choice
The form’s words
How long has your business been in operation?Business Development Bank of Canada · saved September 3, 2026
7Requested loan amount (over $350,000 path)Short answer
The form’s words
Enter an amount higher than $350,000 without a period, comma, or dollar signBusiness Development Bank of Canada · saved September 3, 2026
8Your contact details (over $350,000 path)Short answer50 characters
The form’s words
First name; Last name; Email address; Business phone; Extension; The number must contain 10 digits. The international code (1 or 0) is not required.Business Development Bank of Canada · saved September 3, 2026

Limit: 50 characters (about 8 words). The funder’s own limit.

9Job role (over $350,000 path)Choice
The form’s words
Job roleBusiness Development Bank of Canada · saved September 3, 2026
10How did you hear about BDC? (over $350,000 path)Choice100 characters
The form’s words
How did you hear about BDC?Business Development Bank of Canada · saved September 3, 2026

Limit: 100 characters (about 17 words). The funder’s own limit.

11Company profile (over $350,000 path)Table100 characters
The form’s words
Company name; Business type; Industry; Established in; Number of employees; Annual revenue (enter an amount without space, period, comma, or dollar sign)Business Development Bank of Canada · saved September 3, 2026

Limit: 100 characters (about 17 words). The funder’s own limit.

12Business address (over $350,000 path)Short answer80 characters
The form’s words
Type in a street address or postal to quickly look up the address using Canada Post’s AddressComplete; City; Province; Postal code; CountryBusiness Development Bank of Canada · saved September 3, 2026

Limit: 80 characters (about 13 words). The funder’s own limit.

13When would you like the funds to be available? (over $350,000 path)Choice
The form’s words
When would you like the funds to be available?Business Development Bank of Canada · saved September 3, 2026
14Tell us about your project and how the loan will be used (over $350,000 path)Written answer500 characters
The form’s words
Tell us about your project and how the loan will be usedBusiness Development Bank of Canada · saved September 3, 2026

Limit: 500 characters (about 83 words). The funder’s own limit.

Inside Client Space 4

15Information to have on hand for the applicationList
The form’s words
What information do I need to complete the application?; You will need to have the following information on handBusiness Development Bank of Canada · saved September 3, 2026
16Documents that may be requested after submissionList
The form’s words
What documents do I need for a business loan?; Once your loan application has been submitted for review, you may be asked to provide one or more of the following documentsBusiness Development Bank of Canada · saved September 3, 2026
17Client Space account tasksList
The form’s words
Do I need a Client Space account?; A Client Space account is required to complete the online loan request processBusiness Development Bank of Canada · saved September 3, 2026
18The authenticated application inside Client SpaceWritten answer
The form’s words
The authenticated application inside Client SpaceBusiness Development Bank of Canada · saved September 3, 2026

What the reviewers are deciding

  1. Is this business and its owners financeable?

    What to showShow Canadian registration, profitable revenue-generating operations, and good credit for every owner, director and guarantor.

  2. Can the business repay the loan comfortably?
  3. What exactly will the loan buy?
  4. Is there a plan and management experience?

What to show for the other 3, the funder’s criteria behind each question, and what reviewers weigh in every answer are in Premium.

Where applications go wrong

  • Sorry. Based on the information provided, your business doesn’t meet the eligibility criteria for this business loan.
  • The information provided above must be true and accurate. Otherwise, BDC has the right to decline your loan application, cease the disbursement of funds if the loan has already been authorized or even require the full repayment of any loan proceeds already disbursed.

4 more, in Business Development Bank of Canada’s words, are in Premium.

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Where these questions come from

Questions people ask

What does the Business Development Bank of Canada (BDC) Financing application ask?

18 questions in total, including 3 written answers. The first ones: How much do you want to borrow?; How long has the business been in operation?; About your project. The full list, in the funder’s words, is on this page.

Is there a word or character limit?

6 questions carry a limit set by Business Development Bank of Canada, for example “About your project” (1,000 characters) and “Tell us about your project and how the loan will be used (over $350,000 path)” (500 characters).

What documents does the application need?

Business Development Bank of Canada asks for 9 documents with the application. The list is in Premium, with the full form drafted for you.