BusinessFlex Term Loan

Ideal for budgeting your capital expenditures or making investments, the BusinessFlex Term Loan is an effective way to finance your business growth.

CANADA SMALL BUSINESS FINANCING (CSBFA)

CSBFA is a federal program that helps Canadian businesses with gross revenues under $5 million get access to bank financing. To be eligible, a business must have borrowing needs that represent 90% of the cost of purchasing eligible assets. A business can qualify for up to $500,000 in financing. A maximum of $350,000 can be used for leasehold improvements and the purchase and/or improvement of equipment.

During financially-difficult times, this loan confers the advantage of a government guarantee that covers 85% of the loan amount.

Projects eligible for financing include property and capital asset acquisition, equipment purchases and leasehold improvements.

The loan must be repaid within 10 years, and the one-time setup fee of 2% of the loan value can be added to the financing request.

To request a disbursement, fill out the Disbursement Control Sheet and return it to your National Bank advisor.

Flexible and Advantageous!

  • Terms of between 1 and 5 years (depending on the useful life of the asset financed).
  • Fixed or variable interest rate (lets you take advantage of downturns in rates).
  • Fixed principal payments spread over the duration of the loan.
  • Streamlined budgeting for capital expenditures.

Apply Now!

Give yourself all the flexibility you deserve. Apply for a BusinessFlex Term Loan today!

Complete the financing application online and print it out.

You can then fax the completed form to 1-877-394-8833. If there are more than two signatories, complete a second application. To ensure your application is processed quickly, be sure to complete all the fields. If you prefer, you can mail the completed form to the following address:

National Bank of Canada
BusinessFlex Centre
500 Place d'Armes, 4th Floor, Suite 0991-1
Montreal, Quebec H2Y 2W3

Your application will be analyzed by a BusinessFlex Centre manager and if the credit requested is consistent with the financial profile of your business, the necessary documents will be sent to you right away.

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