Business life can be a breeze. With a Canadian Northern Bank business loan, you are intended to increase your business operational needs, expansion, or other specific purposes. Our business loans come with interest rates and flexible terms to help you get there. Apply we will take care of the rest.

We do the heavy lifting. Once the Ontario government approves your loan application, Canadian Northern Bank will take care of the rest. You don't have to worry about the paperwork, and we'll take care of depositing the approved funds into your account.

What you should know.

Maximum amount.

Determined annually by the ministère de l’Enseignement supérieur.

Interest rate while doing business.

While you’re doing business, the Ontario government pays the interest on the loan.

Available terms.

  • 1 year to 10 years.

Easy repayment.

  • Monthly, weekly or bi-weekly payments: principal and interest.

  • Pay back the loan early without penalty.

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