Friday, 12 March 2010

NEW PRODUCTS....click news title for more information

Stop
Play
  • BDIC VARIABLE INTEREST RATE FINANCING If you do not want to lock-in your interest rate, you can choose the BDIC‘s variable interest rate financing option for your loan. A variable interest rate fluctuates with the BDIC Prime Rate for th...
  • BDIC WORKING CAPITAL GUARANTEE The BDIC can help your business obtain working capital financing (i.e. operating lines of credit or overdraft) by guaranteeing a working capital arrangement with your bank in the form of an Irrevocabl...
  • BDIC SEASONAL PRODUCTION FINANCING Are you an artist, craft-maker or harvester who needs to buy supplies so you can make or harvest products to sell? The BDIC can provide you with a loan up to a maximum of $25,000 to assist you with y...
  • BDIC WINTER/SUMMER RE-SUPPLY FINANCING If your business is located in a community with no all-season access, you can apply for a short-term loan that will allow you to take advantage of the most cost-effective way to re-supply your invento...
  • BDIC INTEREST RATE REDUCTION As a BDIC client who is not in arrears, you can early renew your loan at the BDIC‘s lowest interest rate. Early renewals under this initiative must be requested by March 31, 2010 and will last until...
  • ITI CAPITAL EXPANSION INCENTIVE Industry, Tourism and Investment’s Sector Support program within the SEED Policy has been expanded to cover all economic sectors until March 31, 2010. The program provides an interest rebate, of up ...

Register Today!

Sign up to receive BDIC updates and Newslink Newsletter.

BDIC VARIABLE INTEREST RATE FINANCING

If you do not want to lock-in your interest rate, you can choose the BDIC‘s variable interest rate financing option for your loan. A variable interest rate fluctuates with the BDIC Prime Rate for the term of your loan.

Variable rates will be quoted as Prime + 2%, 3% or 4% based on the risks involved. Variable rate loans can be converted to fixed at anytime you choose; however, fixed rate loans may only be converted to variable on the renewal date.

For more information on the BDIC’s financial programs, please contact your regional Industry, Tourism and Investment office at:

REGIONAL CONTACTS

Inuvik Region
Inuvik
Ph: 867.777.7103
Fax: 867.777.7321

Sahtu Region
Norman Wells
Ph: 867.587.2900 ext. 226
Fax: 867.587.3538

Dehcho Region
Fort Simpson
Ph: 867.695.7510
Fax: 867.695.7501

North Slave Region
Yellowknife
Ph: 867.920.8967
Fax: 867.873.6109

Behchokò
Ph: 867.392.6070
Fax: 867.392.6339

South Slave Region
Fort Smith
Ph: 867.872.6430
Fax: 867.872.4628

Hay River
Ph: 867.875.5550
Fax: 867.875.5551