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Borrow to help your business grow with commercial loan
Business borrowing

Commercial loan

Invest in the growth of your business without tying up working capital.

What do you need money for?

A loan can lift your business to the next level, providing financing for whatever makes you more competitive and profitable.
Finance vehicles for your business.
Finance equipment for your business.
Finance inventory for your business.
Finance your business operations.
Consolidate debt with a commercial loan.
Debt consolidation
Flexible features

Customize your loan

If you know how much money you need, and for how long, a secured or unsecured loan provides more structure than a line of credit. You’ll make regular payments and know exactly when you’ll be debt-free. Keep your payments affordable with an appropriate mix of features:

  • Borrow up to $5 million
  • Fixed or variable interest rate
  • Term up to 25 years
  • Amortization up to 10 years on equipment and 25 years on buildings
  • Optional life and disability insurance 

Our business advisors can recommend a locally approved loan that meets your needs.
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Did you know?

Because we participate in the Canada Small Business Financing Assistance Program, you may not have to put up personal assets as security for commercial loans if you are borrowing to:

  • Purchase or improve land or buildings used for commercial purposes
  • Purchase or improve new or used equipment
  • Purchase new or existing leasehold improvements
  • This program can also be used to finance intangible assets and working capital costs

Explore other business borrowing solutions

Commercial mortgage

Buy, renovate, or refurbish a promising commercial property.

View details

Commercial line of credit

Be ready to seize business opportunities at a moment’s notice.

View details

Project financing

Develop and build a commercial, industrial, or residential property.

View details

Letter of credit

Give suppliers Prospera’s promise that they will receive payment.

View details

Ways to bank with us

The many ways you can access your accounts, documents, statements, and more:
Business Advice

Business advice

Get help with each stage of your business

Whether you're starting up, growing and busy, stagnating and stuck, or ready to pass the business torch, talk to one of our business advisors for local BC knowledge and the financial expertise you need on your team.

More detailsBook an appointment

How to reach us

Call our Member Service Centre

Toll free
1 888 440 4480

Monday to Friday
8 am - 8 pm

Saturday 9 am - 5 pm

Contact tech support
Send us an email