Term Loan for business1
Access to cash for purchasing fixed assets with a competitive rate1.
Product benefits
- Competitive fixed or floating interest rates
- Business Loan Protection available
- Fixed or variable monthly payments to help manage your business’s cash flow
- Financing for purchases made within the last six months from the loan application date
- Amortization is in line with life of asset
- Government-Guaranteed Loans – your loan may qualify as a government-guaranteed loan
Product details
- Limits up to $1,000,000
- Competitive fixed or floating interest rates
- Up to five-year term with amortization for real estate up to 20 years and all other loans from 3 to 10 years
- Consistent payment schedule
Additional services
ScotiaFlex for business
Control over your borrowing with flexibility and preferred rates1.
Credit Line for business
A valuable tool to help manage your cash flow.
Right Size Account for business
An operating account that you only pay for what you use.
Helpful resources
1
Subject to credit approval and conditions apply. Please speak with a Scotiabank Business Advisor for details.
Apply using our online application, if the annual sales of your business are up to $15,000,000. Qualifying Criteria.