BUSINESS/COMMERCIAL banking

Loans

Lines of Credit (Overdrafts)

Avoid the embarrassment and the costs of NSF cheques... get protected with a Crocus Line of Credit. Peace of mind and money in your pocket is a winning combination.

Loan features:

  • One time one step process reduces the need to apply for loans as needs arise.
  • Pre-approved limits for qualifying members.
  • Interest is calculated on the closing daily balance of the line of credit and charged to the account monthly.
  • All transactions are recorded on the descriptive monthly statement.

Mortgages

Whether it's a new commercial building, a bigger shop, or a storage building for your business' machinery and equipment, Crocus has the right plan for you. Buying or constructing a building is a big step, but one that can pay big dividends in the future. If you feel that now is the time to take this step and would like to look at some commercial mortgage financing options, give us a call.

Loan features:

  • Open variable and fixed plans available.
  • Weekly and bi-weekly payment options which are designed to cut years off your mortgage.
  • All account activity recorded on descriptive monthly statement.
  • Multi-purpose Mortgages that have the ability to re-advance with ease with little to no cost.
  • Building mortgages for commercial buildings of all types.

Commercial & Agricultural

  • Term loans
  • Mortgages
  • Operating Lines of Credit
  • Revenue property mortgages.
  • Provincial and Federal Loan Guarantee programs are available at Crocus Credit Union Ltd.