Term Loan for business

Right for you if:

  • You want quick access to cash for fixed assets
  • You want a loan with competitive interest rates
  • Competitive fixed or floating interest rates on term loans up to $500,000.
  • Up to five-year term with up to a 15-year amortization.
  • Optional life insurance.

PLUS:

Term loans are also available as part of our Scotia Total Equity® Plan.

Features

  • Loans up to $500,000
  • Competitive fixed or floating interest rates
  • Financing for purchases made up within the last six months from the loan application date
  • Optional life insurance
  • Up to five-year term (up to a 15-year amortization)
  • Real estate amortizations up to 15 years for industrial property, or 20 years for commercial property

Benefits

  • Fixed or variable monthly payments to help manage your business’s cash flow.
  • Government-Guaranteed Loans - a Term Loan for business may qualify as a government-guaranteed loan.

Ready to apply

What do I need to apply?

I am a small business owner

Enter now

I am not a small business owner

Enter now

I am a small business owner

Start now

I am not a small business owner

Start now