Highly Affected Sectors Credit Availability Program (HASCAP) Guarantee
February 4th, 2021
To assist hardest-hit businesses with covering operational costs, the Business Development Bank of Canada (BDC) has been mandated by the Government of Canada to provide a guarantee to the financial institutions providing low interest loans ranging from $25,000 to $1,000,000 for qualifying businesses, called the Highly Affected Sectors Credit Availability Program (HASCAP) Guarantee. Repayment terms are up to 10 years, with […]
