Business Operating Line of Credit
Manage your cash flow.
Day-to-day borrowing that helps you keep your business running.
Features that support your business.
- Apply once to get access to cash when you need it
With a revolving line of credit, you can respond quickly to business opportunities or cover cyclical costs, like seasonal inventory or payroll shortages. When you pay off your line of credit it automatically renews itself, so the money is available when you need it. - Pay interest only on what you use
You’ll be charged interest only on the amount you use, with no set minimums. Use the money you save on interest to fund new business growth. - Safeguard your chequing account
Use your operating loan as overdraft protection on your business account, so you’re not caught off guard by surprise withdrawals. - Simplify your finances
You’ll have access to your funds through your business banking account and can make payments through your regular deposits.
We’ll help you make the right moves.
Flexible options
Lines of credit start at $5,000 with competitive rates based on the current Vancity Prime rate±. You’ll enjoy ongoing access up to your credit limit without the need to re-apply.
Optional payment protection
With monthly insurance payments, you can make sure your loan is covered in the event of disability, critical illness, or death.
Expertise and support
As a Vancity member, you’ll gain access to a dedicated business banking team with local knowledge and decision-making ability.
Special options for non-profits.
We offer special packages to meet the unique needs of non-profit organizations. If you operate an arts group, social service provider, social justice organization or faith-based organizations, we can provide lending criteria, guidelines, terms and conditions customized for you.
Find a business account manager
Browse by location, language, and other details— and pick your preferred account manager.
Schedule a call
Choose a time that works for you, and one of our business account managers will call you.
Tools to build your business.
The Vancity Prime Rate represents a variable rate of interest announced by Vancity from time to time as its Prime Lending Rate. Rate subject to change without notice.