Line of Credit

A business line of credit is a convenient, flexible way to prepare for the unexpected. Once you're approved, you simply re-use it whenever you need. Best of all, you only pay interest on the amount you use.

Applying is easy. Call your local branch today.


Whether you're managing the ups-and-downs of the North Peace seasonal economy, consolidating debt, or pursuing a unique business opportunity, a line of credit can offer readily available, low-cost access to cash. Your North Peace Business Solutions Account Manager will work with you to get the financing you need, when you need it.

How does a line of credit work? We'll help you establish a predetermined amount of money which is available to access whenever you need it at a competitive rate. You'll pay interest only on the outstanding balance for the time you need it, but have peace of mind knowing that the money is available at any time. As you pay back the loan, the money is automatically available to you again.

You can use this business line of credit for whatever you decide:

  • Make large purchases
  • Consolidate debt
  • Provide cash during lower-revenue seasons
  • Use in case of an emergency

There are many advantages to taking out a line of credit with NPSCU:

  • It is linked directly to your chequing account, providing immediate funds, however and whenever you access your account
  • Interest is only charged on the exact amount you're using, for the time you need it
  • Ongoing availability; no need to re-apply
  • Available marginal against account receivables

We believe that the best way to get to know your business is to get to know you. That's why we don't have an online application — instead, we encourage you to talk to one of our Business Account Managers. We will come see you at your place of work and get to know you and your operation. When it comes to approving everything, it is done quickly and locally.