Alterna Bank Business Line of Credit
no fixed amount
Loan
Description:
Alterna Bank’s Business Line of Credit provides businesses with flexibility, offering the freedom to buy additional inventory, finance new marketing initiatives, cover accounts payable, and undertake space renovations. Businesses can benefit from a quick approval process, the option to choose a repayment plan that suits their needs, and the support to make informed decisions, ensuring the continued prosperity of their business.
Comments on Funding:
Funding takes the form of a line of credit.
Rolling deadline
Eligibility:
Applicants must:
1. be Canadian-based business;
2. have been in business for at least 6 months;
3. have average monthly sales greater than $7,000.
4. Quebec residents are not eligible.
Application Steps:
Applicants must call the bank at 1.866.560.0120 or 1.844.843.8448.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice