Scotia Professional Plan (SPP)1 Line of Credit
Preferred interest rates and high limits for professionals.
Scotia Professional Plan (SPP)1 Line of Credit
Preferred interest rates and high limits for professionals.
Contact usProduct Benefits
- Preferred borrowing rates
- 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
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1
Subject to credit approval and eligible security required