Commercial Credit

Available through our Corporate Banking business line, often in partnership with our corporate clients’ local credit unions in BC, AB and SK, Concentra offers medium to large businesses a full range of credit services.
 
Competitive rates, collaborative approaches, larger scale syndicated financing and exceptional service set us apart from other commercial lenders.
 
Credit services offered include:
 
Domestic Letters of Credit
An instrument issued in favor of a beneficiary by which Corporate Banking substitutes our creditworthiness for that of the applicant.
 
Operating Lines of Credit
Pre-authorized, flexible revolving demand credit facilities designed to meet the day-to-day financing requirements of a business, government or its agencies.
 
Term Credit
For financing fixed asset purchases, including purchase of equipment, buildings, or finance consolidation of existing financing for eligible borrowers.
 
Creditor Insurance
Optional life and disability insurance for corporate officers of borrowers.