Servus Credit Union offers competitive fixed or floating interest rates on loans for business construction, acquisition and expansion. We work with businesses of all sizes, from proprietorships to publicly traded companies.
Approvals and administration are handled quickly, with consideration given to the expertise of the operator and understanding of local market conditions. We base terms of repayment, percentage of advance and required collateral on the cash flow of your particular business.
Equipment financing is available with competitive fixed or floating interest rates. Payment schedules are geared to the estimated useful life of the equipment but also take into account the cash flow of your business.
Commercial real estate
Our team of experienced account managers specializes in financing good quality commercial real estate including:
- Retail, strip malls and shopping centres
- Commercial condominium bays
- Assisted living facilities
- Hotels / Hospitality
- Suburban offices
- Light industrial buildings
Canada Small Business Financing Program
The Canada Small Business Financing Program is a Government of Canada initiative designed to help new businesses get started and established firms grow. Loans may be used for purchasing or improving property or equipment. This loan program is administered through financial institutions. Talk to your Servus representative or visit the Industry Canada website for more information.
Industry Canada website