Business borrowing
Commercial line of credit
Be ready to seize business opportunities at a moment’s notice.
What do you need money for?
With a line of credit, you don’t borrow the full amount right away — but you can access the money whenever your business needs it.
Equipment
Inventory
Operations
Unexpected costs
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Debt consolidation
Flexible features
Set up financing in advance
Business owners often dip into their personal savings when they need extra cash flow. A line of credit means you don’t have to do that anymore. Line of credit funds are available at any time, and you only pay interest on the amount you borrow:
- Borrow from $5,000 to $3 million
- Variable interest rate
- Access online, by phone, or in branch
- Optional life and disability insurance
- Optional accounts receivable insurance
Our business advisors can recommend a locally approved line of credit that meets your needs. Apply online to borrow up to $50,000.
Did you know?
Additional options to consider
A commercial home equity line of credit is similar to a commercial line of credit. The difference is that the money you borrow is secured by your home. That may mean you get a much better interest rate:
- Borrow up to 75% of your equity in your principal residence
- Variable interest rate
- Access online, by phone, or in branch
- Optional life and disability insurance
Commercial overdraft protection makes managing day-to-day cash flow a lot less stressful. It kicks in when your account balance drops below zero to keep you in the black and save you overdraft fees. Dip into it whenever you need to:
- Protect overdrafts up to $5,000
- 18% interest rate
- Access online, by phone, or in branch
Explore other business borrowing solutions
Ways to bank with us
The many ways you can access your accounts, documents, statements, and more:
Business advice
Get help with each stage of your business
Whether you're starting up, growing and busy, stagnating and stuck, or ready to pass the business torch, talk to one of our business advisors for local BC knowledge and the financial expertise you need on your team.
How to reach us
Call our Member Service Centre
Contact tech support
Available 24/7
1 888 884 4430
Send a support email
