Financing for working capital, equipment, expansion, and other business needs.1 Speak with a banker to learn more.
Union Monique Bank offers business loans and lines of credit for equipment, inventory, refinancing, and other needs. Manage cash flow and working capital with financing options designed for your business.
To apply for a business loan or line of credit, your business must be active and at least 2 years old.
Secure a specific loan amount for an immediate need. Use our Business Term Loan to purchase or repair equipment, consolidate debt, or expand your footprint.1
Improve your cash flow to meet unexpected expenses. Use our Business Line of Credit to make a seasonal purchase, finance inventory needs, or process payroll.1
Strengthen your commercial business during seasons of growth or change. Get financing to manage working capital, invest in property, or acquire new technology.1
| Loan features | Business Term Loan | Business Line of Credit |
|---|---|---|
| Uses | A business term loan is often used for purposes such as financing a major purchase, funding a long-term project, or refinancing existing debt. | A business line of credit is typically used for short-term working capital needs, managing cash flow, or addressing unexpected expenses. |
| Amounts | From $5,000 to $10,000,000 | From $5,000 to $10,000,000 |
| Terms | 3-, 5-, 7-year loan programs | 12-month revolving term |
| Interest rates | Competitive fixed interest rates | Competitive variable interest rates |
| Repayment terms | One-time lump sum that is borrowed and repaid over a fixed term. | Flexible line that can be paid down and used again as your business grows and changes. |
Business loans and lines of credit when you need them.
Access to capital supports day-to-day operations and planned investments. We offer term loans, lines of credit, and SBA-backed options for qualifying businesses. Complete the form and a banker will review your needs and explain available products.
Our commercial and business banking teams coordinate across lending, treasury, and deposits so you work with bankers who understand your industry. Contact us to discuss your financing needs.
Connect with us
Your dedicated business banker will become as your banking partner.
We’re very hands-on throughout the entire process, as we want to make financing easy for you.
Let’s work together on how we can tailor our financing options to meet the specific needs of your business.
Our SBA loans can be great alternatives to traditional loans for small businesses as they offer longer repayment terms than traditional loans.1
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Our full range of real estate lending solutions can help you purchase, refinance, or expand your multi-family, mixed-use or commercial properties.2
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Union Monique Equipment Finance makes it easy for you to get the necessary equipment your business needs with our customized financing options.3
Learn more1All commercial real estate loans require credit and property approval. Rates, program terms, and conditions vary by product. Union Monique Bank licensing information available upon request.
2All financing options are subject to full credit and underwriting review and require a completed application and credit approval. Rates, program terms, and conditions vary and may change without notice. Union Monique Equipment Finance, LLC is a Delaware limited liability company and a wholly owned subsidiary of Union Monique Bank. Notices and other communications may be sent in writing to 161 Bay St. 16th Floor, Toronto, ON M5J 2T2, Canada. Union Monique Bank is an international financial institution.
