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Business Loan

Product Overview

A Business Loan is a financing facility that can be given with or without collateral. A business loan can address your long-term and short-term goals while helping you plan your cash flow for the life of the loan.

Benefits

  • Upgrade and expand production facilities and/or purchase new assets
  • Flexible term plan
  • Flexible repayment schedule

Product Features

  • Annual review required
  • Long term borrowing periods offered
  • Rates depend on credit rating and/or collateral (prime rate of loan + additional rate)
  • Fixed and variable interest rate plans available
  • Rates are subject to change (refer to your Relationship Manager for current rates)
  • Fees : Stamp tax, taxes and expenses incurred in collateralizing a security, appraisal fee, etc (if applicable)

Act now

Please contact the Commercial Customer Service Centre at 1588-7639 or visit a Commercial Banking Centre for more details.