Loans & Mortgages

Commercial Line of Credit

Fast cash with no monthly monitoring charges.

  • Collateral can include accounts receivable and inventory margined monthly based on an agreed upon formula. Cash or mortgage security may also be pledged.
  • Competitive variable interest rate based on Prime and type of collateral offered.
  • Interest is calculated daily, dependant on use and charged monthly.
  • Interest paid is eligible for our Member Equity Plan.
  • No monthly monitoring charges.
  • No set repayment, only regular deposits are necessary.
  • Descriptive statement provided quarterly..

Commercial Real Estate Mortgage Loans

Real Estate financing for office, retail, industrial, revenue homes, apartment blocks and condos.

  • Competitive variable or fixed rates from 6 months to 5 years available.
  • Interest paid is eligible for our Member Rewards Plan.
  • Flexible repayment terms and amortization periods available.
  • Mortgage re-advancements available.

Commercial Term Loans

Expand your business, make improvements.

  • Variable interest rate based on Prime and type of collateral offered.
  • Interest paid is eligible for our Member Equity Plan.
  • Convenient repayment terms are available.
  • Crosstown Civic is also an approved lender under the following programs: Canada Small Business Financing Act (CSBFA), Manitoba Business Start Program, Rural Entrepreneur Assistance Program (REA) and Farm Improvement and Marketing Co-operative Loans Act (FIMCLA).

Manitoba Business Start Program

Business Start is designed to promote the success of new business start-ups by ensuring that entrepreneurs have fully researched their ideas by means of a comprehensive business plan, by offering business training and counselling, and by providing access to funding through a loan guarantee. Crosstown Civic Credit Union is a participating financial institution of the Business Start Program, which offers a five year loan of up to $10,000 to help you get your business up and operating. All loans are guaranteed by the province.

Who qualifies

  • Must be operated in Manitoba.
  • Must be a business created for the purpose of making a profit.
  • Business operations must be outside of the following excluded categories: financial services, insurance, real estate services, professional and primary production (oil and gas, pulp production, mining, and farming).
  • Must be just starting up or have been operating less than six months prior to applying. A part-time operation with less than $15,000 net income in the last 12 months.
  • Must be the major source of employment of the applicant. i.e. occupies not less than 30 hours per week of applicant's time.
  • Must be a full time, year round business.
  • Must meet the program's small business definition. i.e. less than 20 employees and less than $2 million per year in gross sales (both criteria have to be met in year one).
  • Must be substantially different from a business carried on in Manitoba in the same market area by an associate (spouse, parent, or child) of the applicant.

For more information, please visit Manitoba Business Start.

Canada Small Business Financing Act

Crosstown Civic Credit Union is a qualified lender of CSBFA. The CSBF Program, under the Canada Small Business Financing Act, can assist businesses in obtaining term loans and capital leases . For more information on this program please visit the CSBF program website

Who qualifies?

Most small businesses starting up or operating in Canada -- excluding farming, charitable and religious enterprises -- as long as their estimated annual gross revenues do not exceed $5 million during the fiscal year in which they apply for a loan or a lease. Businesses may be operated as sole proprietorships, partnerships, or incorporated companies.

Visit the Government of Canada website to find out more information.


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