Loans & Lines of Credit
No matter the industry or the size of your business, financing is a key tool in supporting your business growth. Whether you need a little or a lot, BVCU has flexible financing and borrowing options available, and we will work with you to help you come up with a solution that's within your reach.
BVCU offers loans that's fast, simple, and affordable with competitive interest rates and flexible repayment terms.
- Automatic payment withdrawals from your Business Chequing Account
- Monitor your outstanding loan balance and payments online 24-7
- Choose from competitive fixed and variable interest rates
- Get flexible repayment terms with manageable scheduled payments
- Variable rate loans are open and repayable at any time without penalty
Business Lines of Credit
BVCU's Line of Credit is revolving, meaning it's always available to help with short-term financing, unexpected expenses or the usual day-to-day.
- Credit limits are based on your business' borrowing needs
- Only pay interest on the actual dollar amount that's borrowed
- Exact dollar borrowing helps to keep your interest expenses down
- Monthly statements give you a consolidated view of your account activity