Introducing Coast Capital® Small Business Suites.
All of your business banking needs together in one suite of products.
Introducing Coast Capital® Small Business Suites.
All of your business banking needs together in one suite of products.
Business Financing
& Lending
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The website you will be entering is not owned or operated by Coast Capital Savings Federal Credit Union (“Coast Capital”) or its subsidiaries. FundThrough Inc. is an independent third party service provider which solely owns and controls the content, products, and information contained on its websites. Third party products and services are subject to the third party’s sole approval. Coast Capital makes no representations or warranties about the appropriateness of the third party’s product or services. Coast Capital does not endorse and is not responsible or liable for damages relating to the third party, its products or services, its website, its privacy policies or practices, or the content of the third party website. Your use of the third party website is subject to the third party’s terms, conditions, and policies and you accept any risks and liabilities of using the third party website including, but not limited to, risks associated with data breach and loss of personal and private information.
Strengthen the foundation of your business with financing.
Our business financing and lending solutions can provide you with the quick access to funds you need to improve cash flow, make big purchases or prepare for unexpected situations. No matter what decision or challenge you’re facing at the moment, our Business Banking Team is here to partner with you and help you put the right financing solutions in place. Together we can help your business prepare for anything.
Let’s find the right financing solutions, together.
Connect with our Business Banking Team and we’ll work with you to build a personalized lending plan for your unique needs. Book an appointment or call us at 1.888.517.7000 Mon-Sat, 8am-8pm; Sun, 9am-5:30pm PST.
Business Lines of Credit
A safety net of quick access to working capital whenever you need it.†
- Improve cash flow
- Interest paid only on the amount used‡
- Pay it back at your own pace
- Competitive low rates and fees
- Loans range from $1,000 to $50,000,000
- Do you have a trades business? Get approved for a Line of Credit in as little as 30 minutes.†
- Download our Business Line Of Credit guide
Terms and Conditions.
† Subject to Coast Capital Savings lending policies and criteria. Personal guarantee(s), security and additional documentation may be required. Fees may apply. Other conditions may apply.
‡ Subject to the terms and conditions of your line of credit agreement.
Mortgages
Need help financing new and existing operating premises and rental properties? †
- Ideal for purchasing or expanding office, retail and industrial properties, as well as residential subdivision multi-residential properties, and strata units
- Variable and fixed interest rate
- Expert advice from our Business Banking Team to help you choose the right mortgage options unique to your situation
Terms and Conditions.
† Subject to Coast Capital lending policies and criteria. Additional personal guarantee(s), security, and documentation may be required. Fees may apply. Other conditions may apply.
Business Loans
A business loan can help you grow or update your business.†
- Maintain working capital by using business loans for large expenses
- Flexible terms help match your cash flow needs
- Fixed or variable interest rate terms, and/or flexible repayment options‡
Terms and Conditions.
† Subject to Coast Capital Savings lending policies and criteria. Personal guarantee(s), security and additional documentation may be required. Fees may apply. Other conditions may apply.
‡ Subject to the terms and conditions of your loan agreement.
Coast Visa Business Card
Enjoy one of the lowest interest rates in the country plus 1% cashback.†
15.70%
‡
Annual interest
- 1% cashback credit*
- Low annual fee of $60/card/year for the first four cards, and $40/card/year for additional cards
- Variable interest rate of Prime + 8.5%
- 24/7 access to Corp. Legal Assistance and Information Security Services
Terms and Conditions.
† Coast Visa Business Card is issued by Desjardins Group (“Desjardins”) and all cards are subject to Desjardins approval.
‡ Rates are subject to change without prior notice. Rates may vary according to your credit rating, the amount borrowed, guarantees offered and other factors. Rates are calculated as Desjardins Prime + 8.5%.
* Business purchases charged to one or more Coast Visa Business cards that total between $12,000 and $500,000 in one year will be eligible for a 1% cashback credited to the Business cardholders account on the anniversary date of the account opening. Visa cheques, cash advances, interest charges, returned goods, administration fees and other fees related to purchases are excluded.
Letters of Credit
With a Letter of Credit, we can guarantee that payments to third parties can be made.†
- Eliminates the need to make advanced payment or deposits for a commercial transaction
- Demonstrates your credit worthiness and gives you greater access to key suppliers
- Reduces payment risk for all parties
- Ensures that suppliers are not paid, until the letter of credit terms are met
Terms and Conditions.
† Subject to Coast Capital Savings lending policies and criteria. Personal guarantee(s), security and additional documentation may be required. Fees may apply. Other conditions may apply.
Canada Small Business Financing Program (CSBFP)
Get the financing you need for equipment or leasehold improvements.†
- Ideal for startups or small businesses purchasing or improving new or used equipment including business vehicles, or for improving rental properties such as renovations
- For business with gross annual revenues less than $10 million
- Borrower can be sole proprietorship, partnership, corporation or cooperative.
- Enjoy competitive rates, transparent fees with no hidden costs and no security fee.
- Download our CSBFP guide
Terms and Conditions.
† Subject to Coast Capital Savings lending policies and criteria. Personal guarantee(s), security and additional documentation may be required. Fees may apply. Other conditions may apply.
Builder Finance
Are you an experienced builder looking to build and sell a house? We're here to help local builders grow their business.
- Friendly and experienced real estate experts, who will work with you from land acquisition until the sale of the finished project.
- Expertise in a variety of property types including: single family homes, subdivision developments, and multi-family residential.
- Customized financing solutions from $500,000 up to $10 million, to ensure our members have room to grow their business.
Short-Term Loans
Get quick financing for unexpected opportunities or challenges with OnDeck†.
- A simple process with funding in as fast as 1 business day
- Apply online in minutes
- Term loans from $10,000 to $300,000
- Renewal opportunity at 50% paid down
- Competitive rates
- Apply now
Terms and Conditions.
† Short-Term Loans are offered by On Deck Capital Canada, ULC and all loans and loan amounts are subject to On Deck approval. Coast Capital will earn a referral fee on any funded and received loan amount between On Deck and borrower.
Additional services available with any business account.
Deposit at thousands of ATMs
Canadian coin, cash, and cheques are instantly credited to your account 24/7 at any of our branches. Envelope deposits can be made at any ATM on THE EXCHANGE® Network.
Business Overdraft Protection
Cover off your businesses' chequing account between deposits with overdraft protection. You'll only get charged interest if you use it.
Coast Online® Banking for Small Business
Pay bills, make transfers or check and manage accounts anytime, anywhere. You can view both personal and business accounts in the same log in and more helpful features.
Pay Business Taxes
With this convenient and cost-effective cash management online service, you can automatically deliver or receive payments to and from accounts held at other financial institutions.
Deposit On-the-go
Use your Coast Mobile® App to make deposits by simply snapping a photo of a cheque.
INTERAC® e-Transfer
Send or receive money to and from other financial institutions within Canada. All you need to send money is the recipient's mobile phone number or email address.
Additional services available with any business account.
Deposit at thousands of ATMs
Canadian coin, cash, and cheques are instantly credited to your account 24/7 at any of our branches. Envelope deposits can be made at any ATM on THE EXCHANGE® Network.
Business Overdraft Protection
Cover off your businesses' chequing account between deposits with overdraft protection. You'll only get charged interest if you use it.
Coast Online® Banking for Small Business
Pay bills, make transfers or check and manage accounts anytime, anywhere. You can view both personal and business accounts in the same log in and more helpful features.
Mobile Alerts
Ensure all your deposits, bill payments and cheques go through by setting yourself up with Coast Mobile Banking alerts via text or email.
Deposit On-the-go
Use your Coast Mobile® App to make deposits by simply snapping a photo of a cheque.
INTERAC® e-Transfer
Send or receive money to and from other financial institutions within Canada. All you need to send money is the recipient's mobile phone number or email address.
Business
Digital Banking
Digital Banking
Save time when you complete transfers, bill payments, cheque deposits or almost anything with the touch of your fingertip. Learn more
Business Overdraft Protection
Overdraft Protection attaches to your existing chequing account and prevents you from incurring overdrawn charges between deposits. Talk to us
Deposit 24/7 at thousands of ATMs
Deposit coin, cash and cheques at any branch plus deposit envelopes at any ATM on THE EXCHANGE® Network. Request a business deposit card
Additional services available with any business account.
Business Overdraft Protection
Cover off your businesses' chequing account between deposits with overdraft protection. You'll only get charged interest if you use it.
Coast Online® Banking for Small Business
Pay bills, make transfers or check and manage accounts anytime, anywhere. You can view both personal and business accounts in the same log in and more helpful features.
Deposit On-the-go
Use your Coast Mobile® App to make deposits by simply snapping a photo of a cheque.
Mobile Alerts
Ensure all your deposits, bill payments and cheques go through by setting yourself up with Coast Mobile Banking alerts via text or email.
Deposit at thousands of ATMs
Canadian coin, cash, and cheques are instantly credited to your account 24/7 at any of our branches. Envelope deposits can be made at any ATM on THE EXCHANGE® Network.
INTERAC® e-Transfer
Send or receive money to and from other financial institutions within Canada. All you need to send money is the recipient's mobile phone number or email address.
SMALL BUSINESS CENTRE
6 ways to improve cash flow.
Here are six proactive approaches to take to help improve your cash flow to make sure that your business can come out of the COVID crises in good shape.
MONEY HELP
Let's give credit to small business credit.
Guest blogger Kirk Croswell covers some key considerations when using credit for your small business.
MONEY HELP
What’s the right financing for your business?
There are so many lending options for small businesses. How do you choose the right option? Read up on the things you should ask yourself before you decide.
Let’s find the right financing solutions, together
Contact our Business Banking Team at 1.888.517.7000 or book an appointment online.
1. Rates are subject to change without prior notice. Rates may vary according to your credit rating, the amount borrowed, guarantees offered and other factors. Rates are calculated as Desjardins Prime + 8.5%.
2. Business purchases charged to one or more Coast Visa Business cards that total between $12,000 and $500,000 in one year will be eligible for a 1% cashback credited to the Business cardholders account on the anniversary date of the account opening. Visa cheques, cash advances, interest charges, returned goods, administration fees and other fees related to purchases are excluded.
3. Coast Visa Business Card is issued by Desjardins Group (“Desjardins”) and all cards are subject to Desjardins approval.
4. Subject to Coast Capital Savings lending policies and criteria. Personal guarantee(s), security and additional documentation may be required. Fees may apply. Other conditions may apply.
5. Subject to the terms and conditions of your loan agreement
6. Subject to the terms and conditions of your line of credit agreement.
7. Short-Term Loans are offered by On Deck Capital Canada, ULC and all loans and loan amounts are subject to On Deck approval. Coast Capital will earn a referral fee on any funded and received loan amount between On Deck and borrower.
8. Factoring products and services are offered by FundThrough Inc. and are subject to FundThrough Inc.’s sole approval. FundThrough Inc. is an independent third party and all dealings regarding its products and services are exclusively between FundThrough Inc. and borrowers. Coast Capital Savings Federal Credit Union makes no representations or warranties about the appropriateness of the FundThrough Inc. products or services and is not responsible or liable for damages relating to FundThrough Inc., its products, services, policies, or practices. Coast Capital Savings Federal Credit Union will earn a referral fee on any approved and funded factoring product between FundThrough Inc. and borrowers.