Lines of Credit

A business line of credit is attached to your business chequing account and provides working capital to help you bridge the gap between accounts receivable and accounts payable, purchase inventory or adjust to seasonal demands. Your credit is always available to you and lets you decide when and how much you need to borrow at any given time.

Features & Benefits

  • Only pay interest on the funds you use
  • Attached to your chequing account - which provides overdraft protection
  • As you pay the loan off, the money is available to you again
  • Competitive rates
  • Access your line of credit in a variety of ways (writing a cheque, through online banking, debit card, or ATM)
  • Can be used to cover daily operating expenses 
  • Can help you take advantage of unexpected opportunities