Flexible Business Loan Payment Options
Secured or unsecured options
- Available as an unsecured loan2 in amounts from $10,000 to $50,000
- Also available as an asset secured loan in amounts from $10,000 to $1,250,000. Flexible security options3 include:
- Business real estate
- Residential real estate (full or partial)
- Liquid or margin security (full or partial)
- Business assets
Flexible payment options
- Choice of 1 to 5 year fixed-rate terms
- Amortization up to 20 years, based upon the useful life of the asset financed
Fixed or floating interest rates available
- Floating interest rate options based on TD Prime Rate with no prepayment penalties.
- Fixed interest rate options available with the flexibility to make 10% principal prepayments annually without penalty.
- No review fees.
- Set-up fees may apply.