Questions?
Contact our Business Banking Team at 1.855.350.7775 Mon-Fri, 8am-5:30pm.
Short-Term Loans
Need short-term cash flow for an unexpected opportunity or challenge? We’ve partnered with OnDeck to help.
- A simple process with funding in as fast as 1 business day
- Easy online application
- Term loans from $5,000 - $250,000
- Renewal opportunity at 50% paid down
- Competitive rates
- FAQ's
*Coast Capital Savings will earn a referral fee on any funded and received loan amount between the lender and borrower.
Business Loans
Need to grow, add or update your business? A term loan can do the trick.
- For purchase, modernization or expansion of fixed assets
- Fixed or variable interest rate terms
- Flexible repayment options available
Business Lines of Credit
Lines of credit help finance your working capital so you can grow your business.
- Improves cash flow
- Minimum credit limit of $1000
- Linked to your business chequing account
- Competitive low rates and fees
- Interest paid only on the amount used
- Download our Business LOC guide
Letters of Credit
We've got your back. With a Letter of Credit, we can guarantee that a payment to third parties can be made.
- Eliminates the need to make advanced payment or deposits for a commercial transaction
- Demonstrates your credit worthiness and gives you greater access to key suppliers
- Reduces payment risk for all parties
- Ensures that suppliers are not paid, until the letter of credit terms are met
Coast Visa Business Card
Get one of the lowest interest rates in the country and 1% cashback.
12.45
%
1
Annual interest rate
- 1% cashback credit2
- Low annual fee of $60/card/year for the first four cards, and $40/card/year for additional cards
- Variable interest rate of Prime + 8.5%
- 24/7 access to Corp. Legal Assistance and Information Security Services
Terms & Conditions
-
Rates effective as of July 1, 2015 and are subject to change without prior notice. Rates may vary according to your credit rating, the amount borrowed, guarantees offered and other factors. Rates are calculated as Desjardins Prime + 8.5%.
-
Business purchases charged to one or more Coast Visa Business cards that total between $12,000 and $500,000 in one year will be eligible for a 1% cashback credited to the Business cardholders account on the anniversary date of the account opening. Visa cheques, cash advances, interest charges, returned goods, administration fees and other fees related to purchases are excluded.
Need a hand?
Our Business Banking Team can help identify the tools, resources and products that are right for your business.
Waiting to get the business advice you need is a thing of the past. Give our dedicated Business Banking Team a call on their new direct line: 1.855.350.7775 (Mon-Fri, 8am-5:30pm).
More help
Loan/Line of Credit Information Checklists
Mortgage Information Checklists (PDF)
