We hear a lot about the funding landscape in the U.S. (e.g. SBA), but interested to hear about funding an acquisition in Canada. I know there's the BDC, but I've never personally worked with them before. Anyone have any general info / advice?
My specific questions:
- Any way to get a loan done without a personal guarantee? (Slim chance, but asking anyway)
- What loan to value do they typically fund?
- Who are the major sources of loans? BDC... any others?
- Possibly to get equity backers into a deal?
For context, it's in the $1M purchase price range.
Thanks.
Financing in Canada

by a searcher from University of Toronto - Joseph L. Rotman School of Management
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