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There’s a ton of situations where your business could benefit from the working capital that comes with a term loan. You might use that extra cash flow to expand your operations, replace broken or aging equipment, refinance existing loans, leasehold improvements or other fixed assets.
Your business is unique, so you’re going to have unique needs for your term loan. Our experienced advisors can help develop your borrowing plan so it works with your situation. Choose a fixed or variable interest rate and pick from a variety of payment options.
With Affinity term loans you can get the flexibility you need, alongside the predictability you can rely on, to reach your business goals.
Get a better picture of what your loan will look like with the help of our loan calculator. If you have questions, call our Contact Centre at 1.866.863.6237.
Payments will be set up on a schedule to work with your business needs. Term loans can be prepaid or paid out early without a penalty.
Sometimes financing is the only thing standing in the way of starting your business or growing your current operation. If you don’t have the available resources to meet conventional loan requirements, we offer the option of financing through the Canada Small Business Financing Programs. Meet with one of our lending advisors to learn more and to get the ball rolling.