Ms. Susan Rohac at the Industry, Science and Technology Committee

On October 19th, 2016. See this statement in context.

October 19th, 2016 / 4:15 p.m.

Vice-President, Growth and Transition Capital, Ontario and Atlantic, Business Development Bank of Canada (BDC)

A chartered bank's line of credit is usually limited to 50% of the raw materials and 75% of the accounts receivable. Our working capital will go to supplement that. As well, it will go to help with some of the start-up costs of hiring people, of marketing development, and of leasehold improvements—

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