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Successfully managing and expanding your business takes thoughtful planning and a commitment to execution. Financing is a key tool in supporting business growth - whether it's for a property purchase, new equipment or business opportunity. Whether you need a little or a lot - Meridian's Business Advisors will take the time to understand your needs and come up with a solution that's within your reach.

Business loans

Meridian offers loans with competitive interest rates and flexible repayment terms. 

  • Automatic payment withdrawals from your Business Chequing Account

  • Monitor your outstanding loan balance and payments online

  • Get flexible repayment terms with manageable scheduled payments


Business lines of credit

Meridian'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

  • Monthly statements give you a consolidated view of your account activity

  • Deposits made to your Business Chequing Account are credited directly to the outstanding balance on your Line of Credit, lowering the amount of interest you pay monthly


Commercial Owner Occupied Lending

Growing your business can start with this COOL lending option. Commercial Owner Occupied Lending is designed to help you take ownership of your business.

  • You could qualify for a loan-to-value ratio of up to 100%

  • Get competitive interest rates

  • Amortizations of up to 25 years

  • For owner-occupied premises only. You must use at least 75% of the floor space and account for 75% of the gross revenue required to service the COOL loan to be eligible.

 

Learn more about COOL


Small business financing from Thinking Capital

Looking for borrowing alternatives? We’ve partnered with Thinking Capital to bring more lending options to Canadian small businesses who need swift, easy access to funds.

Apply for a loan or line of credit online and get a credit decision in real time. Once approved, the funds will be in your account just days later.

  • Apply in minutes; get approved instantly

  • Receive ongoing access to up to $300,000 within 24 hours

  • Repay in daily, weekly, or bi-monthly payments

  • As your business grows, so can your limit

  • Pay for only what you use

  • Repay early without penalty for added flexibility

 

Visit our partner site to learn more


Business mortgages

We make obtaining a business mortgage simple and stress-free. Whether you’re looking to acquire new properties or expand existing locations– our mortgages offer greater flexibility and create opportunities to maximize your revenue potential.

  • Repayment terms with manageable scheduled payments

  • Principal repayment schedule that suits your cash flow needs

  • Automatic payments from your Business Chequing Account

  • Monitor your outstanding loan balance and payments  through online and telephone banking

  • Variable rates and 1-5 year fixed terms available


Canada Small Business Financing loans

Get a guaranteed loan from Meridian and the Canada Small Business Financing Program (CSBFP) to help make your business a success. It’s ideal for new businesses and start-ups that need financial support or want to grow.

  • Easier to get approved because it’s 85% guaranteed by the federal government

  • You can use the loan to pay off eligible purchases made in the previous 6 months

  • Flexible terms and repayment options

Learn more about CSBFP loans


Equipment leasing and financing

Meridian OneCap offers a fully tailored suite of equipment leasing and financing solutions that help you keep competitive.

Staying competitive and growing your business depends on a variety of factors, including modernizing your operations and increasing efficiencies to save you time and money. If you don't have cash on hand to meet your goals, our tailored equipment leasing and financing products give your business the edge you need.

Meridian OneCap equipment financing solutions help in 4 key ways:

  • Keep and control your cash – Leasing means no immediate outlays so you can more easily invest in your business

  • Upgrade outdated equipment – Better performance for increased productivity

  • Save on taxes – Potential tax-deductibility of your lease payments

  • Secure, simplified budgeting – Fixed costs throughout the term to help you with forecasting and business planning
     

Contact Meridian OneCap specialist Kent Douglas today!
Kent.Douglas@meridianonecap.ca
437-990-6892


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