The Government of Canada’s COVID-19 Economic Response Plan

The government continues to help Canadian businesses through the ongoing crisis. There are a number of options available for accessing credit to support you through to a more stable time.

The Business Credit Availability Program (BCAP)

Loans up to $6.25m

Cover costs like rent, payroll, and other expenses

Available until December 31, 2021

The Highly Affected Sectors Credit Availability Program (HASCAP) Guarantee

100% guarantee

Loans range from $10,000 to $1m

Cover your operational cash flow

Available until December 31, 2021

Did you know?

The Government of Canada is also providing support for businesses through the Job and Growth Fund, which is available through the various Regional Development Agencies:

Other government support programs include

Canada Recovery Hiring Program (CRHP)

Canada Emergency Wage Subsidy (CEWS)

Canada Emergency Rent Subsidy (CERS)

Lockdown Support

Can’t find the right solution to help your business out of the pandemic? There are several financial alternatives to could be the perfect solution for your business

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Disclaimer: Swoop Finance Ltd (Swoop) helps Canadian firms access business finance, working directly with businesses and their trusted advisors. We are a credit broker and do not provide loans or other finance products ourselves. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Swoop can introduce applicants to a number of providers based on the applicants’ circumstances and creditworthiness. Swoop may receive a commission or finder’s fee for effecting such introductions. If you feel you have a complaint, please read our complaints section highlighted above and also contained within our terms and conditions.

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