||The Commercial Loan Program provides an alternative source of loan capital to individuals and businesses involved in commercial enterprises in Alberta. This program promotes the development of resources and the general growth and diversification of the economy in Alberta.
This loan is available to Canadian citizens or landed immigrants who meet Alberta residency requirements. Companies must be incorporated in Canada and registered to conduct business in Alberta.
The Commercial Loan Program loan can be used to start, expand, purchase, or upgrade facilities, equipment, or other capital assets needed for your commercial enterprise.
Maximum Loan Amounts
Contact your local AFSC office for details.
Repayment and Interest Rates
Repayment options offer a choice of various reasonable fixed and renewable rates and terms, for a maximum period of 20 years. The interest rate can be fixed over the entire life of the loan, ensuring long-term stability and the ability to manage cash flow risk. Commercial Loans can be prepaid or paid out in full at any time without penalty.
For more information, contact your nearest AFSC Lending Office.