LINE OF CREDIT
Take control of your cash flow
the smart way.
Loan Amount
Amount
$50,000 to $500,000
or 10%-15% of your annual revenue
Interest Rate
Prime + (2% - 3%)
Term
Revolving credit - flexible access,
no fixed repayment schedule
QUALIFICATION CRITERIA

Business is based
in Ontario

Operating for
6+ months with at least
3 months of revenue

Heavy cash flow
($15K+in/out monthly)
or large account
receivables ($50K+)

Credit score of 670
and above
APPLICATION PROCESS

Frequently Asked Questions
What is a Line of Credit (LOC)?
How does a Line of Credit (LOC) differ from a traditional loan?
Who is eligible for an LOC?
How much capital can a business access through a LOC?
What are the interest rates for an LOC?
What fees are associated with an LOC?
How long does it take to receive funding?
What documents are required to apply for an LOC?
Are clients personally liable for the LOC amount?
Can I qualify for an LOC if I am not an existing client of the bank?
Can I apply for a LOC if I have been rejected by another bank?