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Financing for Commercial Businesses 

Expanding your commercial business takes thoughtful, strategic planning and a commitment to execution. Commercial financing is a key tool in supporting business growth – whether it’s for a real estate purchase, new equipment or business opportunity. Our Relationship Managers will meet with you to discuss your needs, options and solutions that work best for you.

Loans

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  • Automatic payments are withdrawn from your Business Chequing Account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

Lines of Credit

Meridian’s Line of Credit is revolving, so it’s always available to help with unexpected expenses or short-term financing. Here are some of the benefits and features of Meridian’s business lines of credit:
  • 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
  • Only pay interest on the actual dollar amount that’s borrowed
  • Credit limits are based on your business’ borrowing needs
  • Monthly statements give you a consolidated view of your account activity

Commercial Mortgages

Meridian provides commercial mortgage financing with competitive interest rates to help your business acquire new properties or expand existing locations. Our commercial mortgages offer greater flexibility and create opportunities to maximize your revenue potential. Meridian Commercial Mortgages offer:

  • 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

Take your business farther with flexible financing options that support your vision

Speak to an Account Manager today

to talk about Meridian’s Financing Options