Working together to grow your business.

When purchasing major fixed assets careful planning is important. Based on your short or long-term business goals, our Term Loan for business can help you succeed.

Based on your business goals, choose either a fixed or variable rate loan.

Fixed-rate loans

Variable-rate loans

Key benefits for you include:

• ^†Loans from $30,000 to $1,500,000
• Flexible payment options and terms that enable you to match your loan to your cash flow
• Competitive fixed or variable interest rates
• Flexible repayment periods of up to 15 years
• Options to make partial or full pre-payments at any time without penalty, reducing your borrowing costs

Fixed-rate loans

Stabilize your cost to borrow with consistent payment amounts

• Allow you to lock in at a specific fixed rate, offering lower borrowing costs when you make regular payments
• Provide peace of mind, allowing you to maintain your budgeted costs even when the base rate rises
• Enable you to make blended payments, including principal and interest, and fixed for the term selected

Variable-rate loans

Provide lower interest rates immediately when the base rate decreases

• Allow you to make partial or full principal pre-payments at any time without penalty

For more information call the Small Business Banking Unit or visit your nearest Scotiabank branch.

†Certain conditions apply
* Trademark of The Bank of Nova Scotia, used under licence.