Advisor’s Choice Unsecured Line of Credit

It’s quick and easy to apply. And once approved, your clients will have immediate access to funds for such things as investments, home renovations, high-interest debts, or even taking a well-deserved vacation.    All you have to do is guide them through the one-time application process and they’ll be able to use their funds again and again without ever having to reapply. They have total control in how they use it and total convenience in how they manage it. Our Telebanking Centre will set up your clients for online and/or telephone access so they can view their account balances, transfer funds, pay bills and more.

Highlights:

• An interest rate as low as Prime +1%¹
• A credit limit from $5,000 to $50,000²
• Minimum monthly payment: 3% of outstanding balance or $25 (whichever is greater)
• First set of 50 cheques free
• Unlimited chequing privileges
• Unlimited Interac® direct payments
• Unlimited online or telebanking transfers and bill payments
• Advisors receive monthly commissions on average outstanding debit balances

If this sounds good to you, take a look at our sample application and workflows to see how easy it is to submit business. If your client is looking for a line of credit and has larger funding needs, our Advisor’s Choice secured line of credit may be the way to go.

¹ The Prime rate is Laurentian Bank of Canada Prime rate, which may fluctuate from time to time. All rates are subject to change without prior notice.

² Subject to B2B Trust credit approval.
® Trademark of Interac Inc.