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Commercial/Business Loans
Operating Loan
Term operating loans cover the day-to-day cash expenses of the business. They are granted for a specific period of time and are advanced in lump sum amounts.
  • Flexible repayment terms to match your cash flow
  • Fixed or variable rates available
  • Insurance protection available

Operating Line of Credit
An operating line of credit is a pre-arranged and approved loan that allows you to borrow up to a pre-determined amount to help meet your short-term financing needs. Features include:
  • Variable interest rate
  • Pre-determined credit limit
  • Instant access to cash by cheque, global payment card or personal withdrawal
  • Interest charged monthly only on the amount you have borrowed
  • Interest calculated on daily outstanding balance


Check with individual Credit Unions for product availability.