If your business needs access to working capital to cover operational costs as a result of the COVID-19 pandemic, you may be eligible for the EDC BCAP Guarantee. This guarantee is for new operating lines of credit or new term loans to support your cash flow needs.
Accordingly, what is a BCAP loan?
What is BCAP? The Business Credit Availability Program (BCAP) consists of multiple loan programs aimed at helping a range of businesses impacted by COVID-19. … This program includes administration of the CEBA, Mid-Market Financial loan guarantees and co-lending programs for small and medium-sized enterprises.