Business loans

Overview of the Business loans program:

The Servus Credit Union Small Business Loans and Mortgages Program provides essential financial support to small businesses in Alberta, helping them to grow, expand, or manage their operations effectively. This program offers flexible loan and mortgage solutions tailored to meet the unique needs of small businesses, whether they are looking to purchase equipment, expand their premises, or improve cash flow.

Benefits of the Business loans program:

• Small businesses that participate in this program can access a range of benefits, including:
• Flexible Financing Options: Loans and mortgages are tailored to the specific needs of each business, offering flexible repayment terms and competitive interest rates.
• Support for Growth: Funding can be used for various purposes such as purchasing equipment, real estate, inventory, or working capital, enabling businesses to expand and scale operations.
• Expert Guidance: Servus Credit Union provides personalized advice and guidance throughout the loan process, helping businesses make informed financial decisions.

Eligibility criteria of the Business loans program:

• To be eligible for the Servus Credit Union Small Business Loans and Mortgages Program, applicants must meet the following criteria:
• Business Location: The business must be located in Alberta.
• Business Type: The program is intended for small businesses, including startups, in various sectors.
• Creditworthiness: The business and its owners must demonstrate good credit history and financial stability.