Scotiabank Business Loans in Canada Offer Up to $1,000,000 for Real Estate and Equipment
Flexible Scotiabank business loans across Canada for commercial property and equipment, offering up to $1,000,000 with 3 to 10 year terms and online applications for amounts up to $50,000
What Scotiabank Business Loans in Canada Offer
Scotiabank business loan options in Canada let companies borrow up to $1,000,000 to buy commercial real estate or equipment, with terms typically ranging from 3 to 10 years. For smaller needs, Scotiabank also accepts online applications for amounts up to $50,000, which speeds up access to funds for urgent purchases or equipment upgrades.
This product suits small and mid-sized businesses across Canada that need fixed-asset financing, whether you’re opening a new storefront in Toronto or replacing fleet equipment in Alberta. The combination of high borrowing limits and an established bank network makes Scotiabank business loan solutions attractive for long-term investments.
Who Qualifies and How to Apply
Eligibility for a Scotiabank business loan usually includes being a Canadian for-profit business with stable revenue and a solid credit history; specific thresholds vary by case. You’ll likely need to supply financial statements, tax returns, and details about the commercial property or equipment being financed when you apply.
To apply, start with the online form for loans up to $50,000 or schedule a meeting with a Scotiabank advisor for larger amounts. Meeting a local banker can speed up approvals and help tailor the Scotiabank business loan terms to suit seasonal cash flow or industry-specific needs.
Costs, Rates and Repayment Options
Interest rates on a Scotiabank business loan depend on your credit profile, revenue, loan size and whether you choose fixed or variable pricing. Scotiabank offers competitive rates within the Canadian market, but exact percentages are personalized, so get a quote from an advisor to compare against other business loans Canada-wide.
Repayment is usually structured with regular payments, and you can arrange automatic withdrawals to simplify cash management. Ask about fees, potential prepayment conditions and any collateral requirements so you fully understand the total cost of your Scotiabank business loan before committing.
Why Choose Scotiabank Business Loans in Canada
Scotiabank’s national footprint and experience with commercial lending mean reliable service from application through funding. For businesses that want to finance real estate or equipment with a lender that understands Canadian markets, a Scotiabank business loan delivers both scale and local expertise.
If you’re ready to invest in growth, compare Scotiabank business loan offers with other lenders but don’t overlook convenience factors like online applications for amounts up to $50,000 and branch access across provinces. Speak with a Scotiabank advisor to get a tailored Scotiabank business loan review and start the application process today.