Business Services

Borrowing

Do you have a small or medium business? We’ve got your credit needs covered.

If you’re looking for business financing products and services with a real difference, you’re in the right place. We understand the challenges of being an entrepreneur or small business owner. When it comes to financing, large lenders may have trouble fitting your peg into the right slot.

That’s where we come in!

We offer credit products like:
Overdraft Protection
Lines of Credit
Business Credit Cards

Considering a significant purchase? Ask us about our Term Loans.

Business Accelerator Loan Program

The Business Accelerator Loan Program, supported by BDC, offers flexible term financing from $25,000 to $500,000*, specifically tailored to help established businesses expand operations, invest in new opportunities, or increase working capital.

This program is supportive of entrepreneurs from diverse backgrounds, including Indigenous peoples, newcomers to Canada, racialized Canadians, people with disabilities, women, and 2SLGBTQI+ individuals. 

Outgrowing your current space?

An Alterna Savings mortgage can help when your needs outgrow your surroundings. With competitive rates and payment terms, there’s sure to be a perfect match for you and your business.

We also specialize in Commercial Mortgages and financing real estate investment purchases.

Open, closed, fixed, variable – talk to us today about our mortgages and the options available to you.

Ways to Bank

Loan Calculator

Use our Loan Calculator to help determine how much you can borrow and what your repayment schedule might be.

Find out how we can help your business grow

* Loans from Alterna Savings may be up to $500,000 through the Business Accelerator Loan Program. This amount will be determined on a case-by-case basis and is not guaranteed. Applications subject to eligibility criteria, including: Businesses based in Ontario, having been in operation for at least 12 months, having annual revenues that are under $10 million, having operational cash flow needs between $25,000 and $500,000, and conducting day-to-day banking with Alterna Savings. Some restrictions may apply.

Your financial well-being comes first

Welcome to a better way to bank. Our knowledgeable team puts your financial well-being first with good, caring and transparent advice while offering all the products and services you need.
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