Representatives of the Business Development Bank of Canada spoke to the Flin Flon and District Chamber of Commerce yesterday. The Bank is a Crown Corporation that makes loans available to businesses and works in co-operation with other banks. One of the reps Stace Gander explains the Development Bank’s mission is to make Canadian small and medium businesses the most competitive in the world and they do that by offering lending and consulting opportunities for projects to support businesses through change. He says www.bdc.ca is the easiest way to learn more as there’s all sorts of information there for entrepreneurs and they can contact them that way and whether they have a lending of a consulting request somebody will get back to them very quickly.
The Business Development Bank also has a Growth Capital for Aboriginals Program with no fees and offers a rebate of part of the interest paid to be used to support charities or other organizations in the community and also has loans available to home businesses.