Scotia Professional Plan (SPP)1 Line of Credit 

Preferred interest rates and high limits for professionals.

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Product Benefits

  • Preferred  borrowing rates and monthly fee waived2
  • A simple way to borrow that provides peace of mind that funds will be available 
  • A way to manage your general operating expenses and working capital needs

Product Details


  • Limits: up to $1 Million1
  • Term: Revolving credit
  • Repayment: Minimum 3% of the monthly balance 
  • Exact dollar borrowing to keep interest expenses down
  • Competitive floating interest rate tied to Scotiabank's prime lending rate
  • Interest payable monthly; no set prepayment schedule for principal
 

Additional Services


All account activity is recorded on one monthly statement.

Optional Comprehensive Insurance

Scotia Professional Plan (SPP)1 Line of Credit 
Preferred interest rates and high limits for professionals.
Contact Us
Phone

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In Person

Contact Us