Financing to assist your business with the purchase of a new property or to renovate and expand existing premises. Financing is available for income generating properties, multi-residential units, plazas, shopping and retail centres, office buildings and industrial buildings.
Small Business Flex is geared towards entrepreneurs, and is start-up friendly. “Flex” means that you have the flexibility to borrow funds in the form of term loans, lines of credit or a customized combination of products that best meet the unique needs of your business
Similar to our personal line of credit, our business line of credit allows you to draw on your chequing account to an agreed limit. With a line of credit, your business can borrow what is needed, when it’s needed. Interest is charged only on the portion of the line of credit actually used and interest costs are reduced when you deposit funds to pay down your line of credit.