Buy equipment, invest in property or finance other long-term business goals

Use your loan for large expenses, so you can keep your everyday cash in the bank. Plus, finance up to 100% of your asset acquisition costs.

Ask for a longer or shorter repayment term. We'll work with you to tailor the principal repayment schedule to meet your cash flow.1

Choose a fixed interest rate loan if you want to pay the same rate for the entire term. Choose a variable interest rate loan if you want a rate that changes with the market; if rates go down, more of your payment goes towards the principal.

Business loans at a glance






Ready to get a business loan? We'll guide you through the process

If you're ready to borrow funds, Create an account with one of our expert advisors. Choose a date, time and New Norwhich Online  Banking Centre that works for you.


Meet with an advisor in person, and answer questions about your business and its financial performance. You'll need to bring a few documents to your appointment. Learn about the documents to support your credit application. Opens a popup.


We'll verify your information and review your credit profile. If your application meets our borrowing criteria, you'll get approved for a specific amount with a specific interest rate and repayment term.


After you accept your offer and sign a few documents, you can start using your money directly from your business bank account. Get funds in as little as 2 days — for most applications.5


More great features

To save on interest, make lump-sum payments on your variable interest rate loan without prepayment charges.
Pay back your fixed interest rate loan with either blended monthly payments of principal and interest, or principal plus interest with principal payable monthly or quarterly.
Automate your payments with pre-authorized payments from your business account.
Get a combination of borrowing products, such as a line of credit or overdraft protection, for more flexibility.

Your business loan questions answered

Here's the kind of expertise you can rely on

Ryan C., Senior Business Banking Financial Advisor at  New Norwhich Online

“My success comes from taking the time to understand my clients' businesses, their personal finances and all the challenges they face in life — which may or may not be related to finance."

Ryan C., Senior Business Banking Financial Advisor with more than 19 years of experience


Jennifer W., Business Advisor at  New Norwhich Online

"I'm passionate about helping my clients, and I feel very grateful when their dreams become reality. That’s exactly what keeps me going."

Jennifer W., Business Advisor with more than 10 years of experience


Elie C., Senior Business Banking Solution Specialist at  New Norwhich Online

“I give my clients the right tools to do their banking efficiently and effectively so they can invest more time into the success of their business.”

Elie C., Senior Business Banking Solution Specialist with more than 6 years of experience

Ready to open an account?


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It's more than just banking. We have the right solutions for your business

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Easily manage your cash flow


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Access funds when you need them most

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