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​Business Loans

 

Commercial & Small Business Term Loans

Overview

Sharons CU offers a range of term loans to help our member's business grow. 

Key Features
  • Competitive interest rates on a fixed or variable basis. 
  • Flexible repayment options 
  • Terms of 1-5 years
  • No penalties on extra payments or early payout 
 
 

Commercial & Small Business Operating Loans

Overview

The operating loan is attached to business chequing account and provides working capital to help the business maintain balance between business operating expenses and business income. 

Key Features
  • Only pay interest on the funds you use
  • Access funds instantly
  • Competitive Interest rates
 

Canada Small Business Financing Program

Overview

A Canada Small Business Financing Program (CSBFP) is a loan that is partly backed by government guarantee. It helps new businesses get started and established firms make improvements and expand. 

Key Features
  • Qualified entrepreneurs can apply for financing to establish a start-up or improve your small business
  • Competitive fixed and floating interest rates 
  • One-time Federal Government registration fee of 2% of the loan amount 
  • 85% of the loan is guaranteed by the Federal government
 
 

Become a member

You’re more than a customer, you’re a member.