Whatever the credit needs of your business, Alterna Savings offers a full range of solutions. Ask your Commercial or Small Business Account Manager to help you choose the options that will help you maintain and grow your business.


A variety of terms and options are available at competitive rates. We also offer commercial term loans to help you manage your cash flow for equipment purchases, business expansion or working capital.

Lines of Credit

A line of credit offers maximum flexibility to help you preserve cash flow. Establishing a line of credit is a wise move that can maximize your purchasing power. We provide a broad array of choices and lines of credit can be either secured or unsecured.

Lines of credit are available for members who need to fund specific operating activities such as financing receivables, inventory build-up, and seasonal requirements.

Letters of Credit

A Letter of Credit is a commitment to guarantee a credit advance over a one-year period. It is a valuable tool for business owners requiring significant cash flow for an extended period, e.g., for a large construction project or security deposits.

Community Microfinance Program

At Alterna we recognize that for many Ontarians, particularly women, youth and newcomers to Canada, securing credit and accessing banking services can be major roadblocks to starting a business.  If you have a business idea and have had difficulty securing credit the Alterna Community Microfinance Program might be a solution for you. Click here for more information.

Contact your Commercial Services or Small Business Team

Contact us to meet with a Commercial Account Manager or Small Business Account Manager. We would be pleased to talk with you about your unique needs.