Access the funds you need to grow your business and increase your financial flexibility with an operating line of credit, a bridge loan, a letter of guarantee or accounts receivable and payable financing.1
A line of credit can help you manage your cash flow and take advantage of business opportunities.
A bridge loan allows you to meet short-term liquidity requirements while you wait for cash inflows from a grant, tax credit or stock issue.
Accounts receivable monetization allows you to leverage your receivables to obtain more credit and improve your working capital.
Accounts payable monetization allows you to obtain longer payment terms for your purchases and negotiate early payment discounts with your suppliers. Your suppliers will be paid by National Bank as per your instructions.
Guarantees that the Bank will pay an amount to a designated beneficiary (client, supplier, regulatory agency or other business partner), upon request and according to the conditions set out in the letter, should you or a third party fail to meet your contractual obligations to that beneficiary.
Protect your company’s reputation with suppliers and avoid unpleasant situations (refused cheques or preauthorized payments) in the event of insufficient funds.
1 Financing solutions are subject to credit approval by National Bank of Canada.
2 Prime means the annual variable interest rate published by the Bank from time to time, which it uses to determine the interest