Business Loans — Growth Loan
$2,000,000.00
Loan
Description:
ATB Financial’s Growth Loan is tailored to support established Alberta businesses aiming to expand and reach new milestones.
Comments on Funding:
Unsecured working capital advances of between $250,000–$2 million help propel you to the next level.
Growth Loan rates are between Prime +7% and Prime +8%. The rate calculation is based on your credit history and other capital factors.
Interest Rate: starts at 7%
Term Range: 3-5 years amortization
Continuous Intake
Eligibility:
Applicants must be established businesses looking to expand.
Application Steps:
Applicants must connect with an ATB Business expert.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.
