Single monthly financing fee

Single monthly financing fee

For your first $750,000 in financing, your monthly fees are determined based on your total financing amount1. It's that simple! And if you need to increase your line of credit, your fees will stay the same if you stay in the same bracket (see chart below). We'll review your plan every month and reduce your fees as you pay off your line of credit.

You don't need to keep track of individual setup, review or renewal fees–from now on, they're all included in the single monthly financing fee, along with the monthly administration fee, the monthly line of credit management fee and the asset monitoring fee.

Financing plans

Financing amount Monthly fee starting at
$1 to $50,000 $50
$50,000.01 to $100,000 $60
$100,000.01 to $250,000 $70
$250,000.01 to $350,000 $90
$350,000.01 to $500,000 $110
$500,000.01 to $750,000 $140
Financing amount Monthly fee starting at
$1 to $50,000 $25
$50,000.01 to $100,000 $30
$100,000.01 to $250,000 $35
$250,000.01 to $350,000 $35
$350,000.01 to $500,000 $40
$500,000.01 to $750,000 $55

1. Financing that is not eligible for monthly plans and cannot be used to establish the value of eligible financing:

  • Loans paid out before April 1, 2014, as part of the Canada Small Business Financing Program
  • Loans guaranteed by the Ministère de l'Agriculture, des Pêcheries et de l'Alimentation du Québec
  • Financing granted as part of a program guaranteed by the Société d'habitation du Québec or the City of Montreal
  • Term loans and lines of credit in U.S. dollars
  • Term loans and home equity lines of credit
  • Letters of documentary credit or letters of guarantee
  • Credit Cards
  • Solutions Libre-Affaires
  • Financement Accord D
  • Canadian Emergency Business Account (CEBA)
  • Business Development Bank of Canada Co-Lending Program