Let us Help your Business Grow...

The difference between a commercial loan and any other loan is that a commercial mortgage is taken out on commercial real estate where the property is used as collateral. The owner of the loan tends to be a company or a business; commercial mortgage rates may be higher than residential rates as per the increased risk. Habib Canadian Bank offers competitive commercial loan rates along with excellent service to ensure that your business is receiving the best!

Why Choose A Loan?

It is a common misconception that needing a loan means that your business needs help; this is in fact the opposite. Those willing to take out a loan to grow their business, tend to gain greater profits in the long run. Commercial loans can be used to develop existing or new  properties, extend current premises, buy land and even to develop residential or commercial projects. 

There are many advantages to owning a commercial property, including but not limited to: lower interest rates, capital gains benefits, the potential of renting, planning ahead financially and more. 

Commercial loans offer lower interest rates compared to some loan options, this will allow for business owners to have access to funds while maintaining lower overhead costs. Further, lower interest rates and HCBs customized payment plans decreases the potential of default, hence reduces the investment risk. 

Another reason commercial lending allows for substantial benefits is through increased capital gains and renting potential. This means that throughout the lifespan and after the mortgage, the business is still able to monetise on this property. 

Commercial loans will also allow the business to keep control of ownership; this means that you retain total ownership of your business. This is a great benefit as you have worked very hard to get your business to where it is; you want to keep your success to a maximum. 

In order to procure a commercial mortgage, there are specific criteria that must be satisfied. We will look at your debt-to-service ratio to ensure that the risk of default is not extreme, your credit history to ensure your business is creditworthy, your current business situation to ensure that you are able to make timely payments, the type of business you are running, and how much of a down payment you are able to provide. 

Why Choose Habib Canadian Bank?

Habib Canadian Bank is proud to ensure the best customer service to all clients. We can guarantee that you will have access to a personal Relationship Manager that will guide you through the process and ensure that all your financial and mortgage needs are being met. 

Whether you are looking to move into a bigger office, expand your business to multiple locations or looking to invest in real estate; our Commercial Mortgage will provide you with competitive interest rates, up to a 5-year term, up to 20 years amortization and you can borrow up to 70% of the property value. Alongside this, Habib Canadian Bank will offer a variable interest rate & have the option for a fixed interest rate, if available, and secure favourable terms for early repayment. 

 Habib Canadian Bank has helped many businesses - small and big reach new heights. I have seen our clients grow from a home office to owning their own plaza where they now operate their business. We are committed to contributing to your success and giving you the right advice when it comes to commercial lending.

Service with security - that’s Habib Banking. 

Please feel free to contact me to arrange a meeting at one of our 3 Branch Locations in Ontario:

- Mississauga - 918 Dundas St E, Mississauga, ON L4Y 4H9

- Scarborough - 1910 Kennedy Rd Unit 1, Scarborough, ON M1P 2L8

- Brampton - 50 Maritime Ontario Blvd, Brampton, ON L6S 0C2

Phone - (905) 276-5300 Email - [email protected]

Kind Regards,

Alykhan Jadavji

Vice President - Habib Canadian Bank