Laurentian Bank of Canada Term Loan
no fixed amount
Loan
Description:
Laurentian Bank of Canada offers Term Loans, providing an ideal financial solution for businesses seeking to finance expansion, acquisition, or modernization projects. Businesses can also utilize term loans to refinance existing debts, offering flexibility and support for various financial needs.
Comments on Funding:
Funding takes the form of a loan:
– Amortization: up to seven years, but not exceeding the useful life of the financed asset;
– Repayment terms: usually in monthly payments, which may include principal and interest, separately or a combination of both;
– Fixed rate or variable rate option, or a combination of both;
– Term: 1 to 5 years.
Rolling deadline
Eligibility:
Applicants must be small and medium-sized businesses.
Application Steps:
For further enquiries: Business clients
– 1-800-522-1846
– 514-522-1846
Select option 5 for Commercial clients.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
