Service Interruptions June 30th - Click here to learn More
In today’s fast-paced and complex environment, you deserve a financial institution that’s not only supportive, but a true partner to your business. At Alterna, we can help. Our expert team of business professionals has the skills, knowledge and experience to provide you with personalized financing solutions. We pride ourselves on delivering high quality service responsive to your business’ unique needs. Our experts are here to help your business grow.
Alterna is a market leader in providing commercial real estate financing solutions. Our team specializes in a wide range of commercial mortgages available from small business owners to large institutional real estate investors, and owner operators who seek to purchase or refinance commercial properties in all major asset classes:
Commercial Retail, Office & Industrial;
Multi-Unit Residential (5+ units)
The amount of financing available is based on the property's lending value and the net operating income available to service the debt.
Together, we can help get you and your business where you want to be. We look forward to speaking with you.
Alterna also provides cost to complete construction loans for low, mid and high-rise condominium projects, single or multi-tenant commercial buildings such as retail strip plazas, industrial condominiums and commercial office towers.
Our team will provide a fully customized solution to our members’ needs.
- Purchases and refinances
- Up to 70% (75% for Multi-Unit Residential) loan to value
- Owner occupied, or investor owned
- Variable and fixed rate options are available. Variable rate option (prime-based) can be converted to fixed rate option.
- Fixed terms available from 1 to 5 years; 7 and 10 years will be considered
- Amortization up to 20 years (25 years for Multi-Unit Residential)
- Market competitive rates (based on Government of Canada bonds)
Ways to Bank
Your business may also need...
Whether you own a start-up, small or medium business or commercial business, we can help you find the best bank account for your needs. Alterna business accounts are tailored to support your day-to-day needs and help your business grow.
If you’re an entrepreneur or small business owner looking for the right financial products and services to help you grow and manage your business, we’ve got what you’re looking for.
Whether you’re running a business or an organization, as an Alterna member, you can rest easy knowing your money is working hard for you. We focus on helping you create and preserve your wealth, so you can focus on making your business or organization grow.
Need help managing your cash flow? We offer flexible cash flow management options to help you run your business more efficiently - receive payments, pay vendors/government, deposit cash and replenish ATM cash.
Alterna Wealth provides comprehensive financial management specifically designed for small and medium businesses. As stewards of your capital, we manage your investments with integrity and responsibility – always with your best interests in mind.
Find out how we can help your business grow
*Selective retirement, student, condominium corporations & self-storage.
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.
Stay in touch. Be the first to know about news, promotions and announcements. Signup Now!