Small Business Loan
Ways To Apply
Or, to begin an application, call our Small Business Advice Centre at 1-866-222-3456
7:00 a.m. – 12:00 a.m. EST, 7 days a week
Small Business Loans
Flexible Business Loan Payment Options
A Business Loan1 can help you purchase or upgrade business assets, or help with your expansion plans. The choice is yours.
Secured or unsecured options
- Available as an unsecured loan2 in amounts from $10,000 to $50,000
- Also available as an asset secured loan in amounts from $10,000 to $1,250,000. Flexible security options3 include:
- Business real estate
- Residential real estate (full or partial)
- Liquid or margin security (full or partial)
- Business assets
Flexible payment options
- Choice of 1 to 5 year fixed-rate terms
- Amortization up to 20 years, based upon the useful life of the asset financed
Fixed or floating interest rates available
- Floating interest rate options based on TD Prime Rate with no prepayment penalties.
- Fixed interest rate options available with the flexibility to make 10% principal prepayments annually without penalty.
- No review fees.
- Set-up fees may apply.
Business Credit Life Insurance can help meet the financial obligations of your business should a person who is key to the success of your business die or suffer a covered accident. Get the coverage your business needs.
We can help you build a customized mortgage for multi-unit residential properties (5+ units).