Business Development Bank of Canada

The Business Development Bank of Canada (BDC) was incorporated in the year 1944. At that time, it was known as the Industrial Development Bank or IDB. It is presently a state-regulated financial services provider and the owner of the company is the Government of Canada.
The Business Development Bank of Canada functions as a provider of financial and advisory services to the small scale and medium scale businesses in Canada. In carrying out its functions, the bank always concentrates on export and technology. The debt obligations of the Business Development Bank of Canada are guaranteed by the Government of Canada and these loans are taken both from private sector and public sector enterprizes.

With its reputation and professional expertise, the Business Development Bank of Canada has achieved the position of a market leader in the commercial sector of Canada.
According to Maclean’s magazine, BDC has ranked among the top 100 employers in Canada in the year 2007. The principal objective of BDC is the growth of small and medium scale businesses in Canada with the help of appropriate and well-timed financial and advisory services.

The products and services offered by the Business Development Bank of Canada can be categorized into the following types:
Financing Services
Consultancy Services
Venture Capital Services
Subordinate Financing Services

BDC also provides online financing services to a number of entrepreneurs. What the business owners need to do is just filling out an online financing form for letting the bank know their requirements.

BDC also offers a number of business tools to its customers, which include the following:
Ratio calculators
Business plan template
Ask a professional
E-business diagnostic
Entrepreneurial self-assessment
At present, the President and Chief Executive Officer (CEO) of the Business Development Bank of Canada is Jean-Rene Halde.
Contact Details:
Business Development Bank of Canada
BDC Building
5 Place Ville Marie, Suite 400
Montreal, Quebec, H3B 5E7
Toll-free number: 1 877 BDC-BANX (232-2269)
Fax: 1 877 329-9232

More Information on Business Management
Business Ethics Business Loans Business Administration
Business Cycles Business Plan Business License
Business Finance How to Finance a Business Business Law
Business Economics Business Strategy Business Journal
Business Terms Business Valuation Business Deal
Business Tax Small Business Business Economics
Business Consultant Business Marketing Business Opportunity
Business Technology Optimisation Business Management Business Grant

Last Updated on : 29th July 2013

This website is up for sale at $20,000.00. Please contact 9811053538 for further details.