Mortgages & Loans > Commercial Line of Credit

Does your business need short term financing? With a Line of Credit from SASCU you can take care of day-to-day business expenses or finance your inventory. It’s a variable rate loan given to members and may be used at any time. A commercial line of credit provides you with total convenience and flexibility, allowing you access to your funds as you need them.

To see if you qualify for a Line of Credit, visit one of our branches, where one of our Loan Specialists will be there to assist you.

Features

• Interest rates depend on type of Line of Credit chosen, contact one of our Loan Specialists today.
• Can be used as overdraft protection on your business chequing account to give you added protection and avoid an NSF service fee on your account.
• You only pay interest on the amount you use, for the time you use it.

Access

• Access to funds with SASCU cheques
• Access to your funds through ATMs at SASCU, EXCHANGE®‚ and other Canadian Credit Unions, MemberLink®, MemberDirect®, and any SASCU branch.

Payment

• Interest only if balance is revolved properly and interest is kept up to date; monthly deposit required covering interest if using line of credit.

To inquire about a SASCU line of credit – visit one of our 3 branches today, or contact us via phone or email: info@sascu.com. We are here to serve you.