Scotia Professional Plan (SPP)1 Line of Credit 

Preferred interest rates and high limits for professionals.

Product 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: Interest only or $50, whichever is less.
  • 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

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