Term Financing operates similarly to fixed-rate loans. Your business receives a one-time large payment, but rather than making fixed monthly payments, the balance is repaid through more frequent, periodic payments, either daily or weekly.
You can use our Term Financing for whatever your small business needs are. Whether that means, getting some new equipment, increasing cash flow or expanding your staff for your small business, or even refinance your Canada Emergency Business Account (CEBA) loan.
A Business Line of Credit is a revolving credit facility that enables business owners to borrow money with repayment terms that are flexible. It means business owners only pay interest on the amount they have borrowed.
Business Lines of Credits can be a great financing option for small businesses as they offer the potential for more flexible repayment terms and lower interest rates. Additionally, they can be an extremely useful source of funding for businesses that need access to cash quickly or have irregular business cash flow.
Use BNA Capital for whatever needs your small business requires. Whether that's increasing cash flow, getting some new equipment, or expanding your staff for your small business, we are here to help your business to grow.
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