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Business Accelerator loan program

MARKHAM STOUFFVILLE OPTOMETRY Member since 2023
Dr. Victoria Zhou at Markham Stouffville Optometry. Member since 2023.

Business financing

Business Accelerator Loan Program

Flexible financing of up to $500,000 supported by the Business Development Bank of Canada (BDC)*.

Guaranteed loans for small businesses and entrepreneurs

The Business Accelerator Loan Program supports rapid growth for small businesses and entrepreneurs by providing access to working capital. With a loan guaranteed up to 100% by BDC, get the funds you need to manage your cash flow, support your day-to-day operations, and grow your business.

We encourage all small businesses to apply, including entrepreneurs in diverse groups, such as: Indigenous peoples, women entrepreneurs, newcomers to Canada, visible minorities, 2SLGBTQ+ people, and people with disabilities.


Contact us to apply

Meridian. Supported by BDC.


The benefits of an Accelerator Loan

A loan from Meridian, supported by a guarantee from BDC (up to 100%).2

Amortization period of up to 6 years, with principal paid in equal monthly payments.

Financing for working capital between $25,000 and $500,000 at a competitive, variable interest rate.1

Are you eligible?

To apply for the Business Accelerator Loan Program with Meridian, your business must meet these criteria.

Location: Based in Ontario

Business history: In operation at least 12 months

Profitability: Annual revenues under $10 million

Loan amount: Asking for a loan between $25,000 and $500,000.

Loan purpose: You are using the loan for operational cash flow needs, not to repay other loans.

Banking: You conduct your day-to-day business banking with Meridian.

Accelerator Loan fees

In addition to interest costs, the Accelerator loan program includes two fees that go directly to the BDC.

  • A one-time, 1% application fee.
  • A 2% annual guarantee fee (paid from the interest rate charged on the Accelerator loan).

Questions about fees? Ask a Meridian advisor.

Talk to a Meridian advisor to accelerate your business

To apply for the Business Accelerator Loan Program you can call up your Meridian advisor, or simply fill in and submit this form, and an advisor will reach out to you.

Our advisors will help you understand eligibility criteria, identify your best options for financing, and support you through the application process to make sure you get the funds you need.

*All fields are required.