Mcb home business

Term Loans

Your business may consider a term loan if it needs to purchase equipment, vehicles, property or if renovating or updating equipment / property.

With assistance of our Commercial Credit Account Managers, long term / short term financing solutions can be offered to improve your business operations and / or refinancing existing debt.
All term financing solutions will be tailored to allow your businesses to comfortably repay its debt.

Please have a look at our frequently asked questions for more information.

Get a Term Loan

Required elements:

  • Chamber of Commerce Excerpt, Shareholder Registry and Articles of Incorporation for the Business.
  • Picture ID of managing director(s) and owner(s) of the business.
  • For existing businesses: 3 years of most recent financial statements. For new businesses: 3 years of financial projections.
  • Completed personal statement of affairs from all principals / managing directors.
  • Recent Salary slip of Owners (if they receive a salary from the business).
  • For purchasing equipment: Quotations of equipment to be purchased.
  • For purchasing property: A recent appraisal of existing property (and any additional developments for which financing is being requested).
  • All required permits for business and building (if applicable).

Contact one of our Commercial Credit Account Managers to schedule an appointment.

*No code found.
Balance in NAƒ
Expiration date
The above balance is as of: N/a