BDC Thrive ETA Fund
Venture debtMontréal · Seed–Late Stage · 1 people tracked
Investment thesis
As Canada's bank for entrepreneurs, BDC provides loans to revenue-generating Canadian technology companies without requiring equity or shares as collateral. It emphasizes flexible, founder-friendly terms including interest-only payment periods and customized repayment schedules based on cash flow. Financing supports go-to-market, product development, hiring, marketing, acquisitions, and market expansion. The lender considers recurring revenue metrics such as ARR and MRR, common for SaaS and subscription businesses, rather than relying solely on banking ratios and tangible assets. It positions itself as complementary to venture capital and other banks, taking on more risk and supporting clients through downturns.
Source: firm website, verified Jul 29, 2026.
Team · 1 people
from the firm's websiteFrequently asked questions
- What stage does BDC Thrive ETA Fund invest at?
- BDC Thrive ETA Fund invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What sectors does BDC Thrive ETA Fund focus on?
- BDC Thrive ETA Fund focuses on Cloud Computing, SaaS.
- Where is BDC Thrive ETA Fund located?
- BDC Thrive ETA Fund is headquartered in Montréal, CA.
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