Business Resource Library

Getting Financing for Your Business

Understand your financing needs and options!

BDC: How to get a business loan

A guide to preparing a winning loan request.

How to Get a Business Loan is published by the Business Development Bank of Canada (BDC).

Date: 09/07/2016
Impact Money Finder

Starting a business takes both money and knowledge.

We’re here to help you find money for your impact business and to support you in accessing it.
Get started on the following paths to find sources of money and resources to help put it to good use.

From your friends at


Date: 06/21/2016
Cash Flow Forecasting and Break-Even Analysis

A cash flow projection reflects factors such as terms extended to customers, supplier terms, seasonal variations, and other factors that influence when cash will actually come.  A break-even analysis examines the interaction of fixed costs, variable costs, price, and unit volume to help you determine what combination of elements is necessary to break even. It cannot be overstated that Cash Flow Is King! Knowing your cash position at any given time is critical to increasing the survival chances of your business.

This document ALSO contains instructions on how to use our resource Cash Flow Template, also found in the resource library.

Date: 10/29/2015
Income Statement and Balance Sheet Templates

This pre-made excel spreadsheet makes available templates for income statements and balance sheets.  These statements are helpful tools for understanding revenues versus expenses, and assets versus liabilities, providing the business owner with an understanding of their financial position.

Date: 10/29/2015

Equifax online can provide you with your credit report and score.

Date: 10/29/2015
Choosing Your Accounting Software Program

One of the most invaluable and often neglected tools of running a business is the maintenance of a bookkeeping system. Often "doing the books" is the last item a small business owner wants to deal with, but the information that can be provided by creating financial statements is often the lifesaver of a business. Financial statements tell you how your business it doing, whether or not you are meeting your goals and whether or not you can meet financial commitments.

Date: 10/29/2015
Cash Flow Template

This pre-made excel spreadsheet is available to track total monthly inflows and outflows of cash.  This version contains pre-calculated cells to automatically sum totals.  A cash flow statement is a helpful tool in visualizing where and when cash is coming in or going out.

Resource Files:
Date: 10/29/2015
Financing your Business

So you need money to start or expand your business. But the prospect of seeking financing can be daunting. Where do you start?  What types of financing are available?  There are many good sources from which you can borrow money for your business (debt financing) or get investors (equity financing).  First, figure out how much you need to finance by preparing a thorough business plan.

Resource Files:
Date: 10/29/2015
Grant Programs and Financing Options for BC Businesses

Contrary to popular belief, grants for business start-ups are few and far between. However, there are some funding sources (including grants) for specific purposes, for which you may be eligible. When looking into small business grants, remember: You should never have to pay for grant information!

Date: 10/29/2015
Keep Pointed Towards Profit

Why do some business owner/managers hit the profit target more often than others? They do it because they keep their operation pointed in that direction. This aid gives suggestions that should help an owner/manager to zero in on profit. It points out that you must keep informed, make timely decisions, and take effective action. In effect you must control the activities of your company rather than being controlled by them.

Date: 11/16/2011