Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]
Multiproject Option
Allows you to re-borrow all or a portion of the principal repaid on a loan secured by a real estate or chattel mortgage up to the initial loan amount. The new advance is backed by the same collateral that was used for the initial loan.
Features
- Can be applied to similar or different projects as the initial loan.
- May be used more than once and even after the loan has been repaid in full.
Advantages
- No new fees for the taking of security.
- A more comprehensive financing approach, since it allows the lender to put in place funds for future credit needs.
Certain conditions apply.
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 At the caisse
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Make an appointment with an advisor at a caisse.
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 At a Desjardins Business Centre
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Make an appointment with an account manager at a Desjardins Business Centre.
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