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Financing for Small Business

Whether you need a little or a lot – Meridian’s loans and lines of credit give you the additional funding you need to grow your small business. Not sure which financing or lending option is right for your business? Speak to one of our Small Business Advisors today. They will take the time to understand your needs and come up with a solution that’s within your reach.

Loans

Meridian offers loans with competitive interest rates, flexible repayment terms and options for small businesses and commercial businesses. Here are some of the other benefits when choosing a loan with Meridian:
  • Flexible repayment terms with manageable scheduled payments
  • Principal repayment schedule that suits your cash flow needs
  • Automatic payments are withdrawn from your Small Business Chequing Account
  • Meridian's online and telephone banking options let you monitor your outstanding loan balance and payment

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. Here are some of the benefits and features of Meridian’s business lines of credit:
  • 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 Small Business Chequing Account are credited directly to the outstanding balance on your Line of Credit, lowering the amount of interest you pay monthly

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Make every dollar count with customized equipment 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, Meridian One Cap's 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  • Upgrade outdated equipment – Better performance for increased productivity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

Why you'll love working with us

  • A clear evaluation so you know what you're getting
  • Customized to suit your needs
  • Fast financing when you need it
  • Always competitive pricing for Meridian Members
  • No maximum dollar limits
  • Broad industry experience you can trust and count on
  • Always simple, painless and no surprises
Contact Meridian OneCap specialist Alex Koeck today!
alex.koeck@meridianonecap.ca
416.844.3978

Commercial Mortgages

We make obtaining a small business mortgage simple and stress-free. Whether you’re looking to build your small business by purchasing a storefront or need new equipment to help with demand – our mortgages give you flexibility so you can increase your revenue potential.

Meridian offers Small Business Mortgages that include:

  • Repayment terms with manageable scheduled payments
  • A principal repayment schedule that suits your cash flow needs
  • Automatic payments from your Small Business Chequing Account
  • Online and telephone banking to monitor your outstanding loan balance and payments
  • Variable rates and 1-5 year fixed terms available

Flexible financing options so you can grow your small business

Speak to a Small Business Advisor today

to talk about Meridian’s Financing Options