Commercial Loans

Whatever the credit needs of your business, Alterna Bank offers a full range of solutions. Ask your Commercial Account Manager to help you choose the options that will help you maintain and grow your business.

Loans

A variety of terms and options are available at competitive rates. We also offer commercial term loans to help you manage your cash flow for equipment purchases, business expansion or working capital.

Lines of Credit

A line of credit offers maximum flexibility to help you preserve cash flow. Establishing a line of credit is a wise move that can maximize your purchasing power. We provide a broad array of choices and lines of credit can be either secured or unsecured.

Lines of credit are available for those who need to fund specific operating activities such as financing receivables, inventory build-up, and seasonal requirements.

Letters of Credit

A Letter of Credit is a commitment to guarantee a credit advance over a one-year period. It is a valuable tool for business owners requiring significant cash flow for an extended period, e.g., for a large construction project or security deposits.

Contact your Commercial Services Team

Contact us to meet with a Commercial Account Manager. We would be please to talk with you about your unique needs.