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Beware of fraudulent emails posing as VCIB. Legitimate emails will only come from @vcib.ca and are not promotional. Click here to learn more about preventing fraud. For inquiries, reach out to info@vcib.ca.

Business Lending

Financing for purpose-driven businesses and organizations

At VCIB we understand that financing is key to supporting your organization’s growth and mission.

We offer flexible financing solutions, competitive interest rates, and easy online access to manage your loan. Our team of experts create tailored financial solutions to help your organization thrive and increase its impact.

Products & Features

Operating Lines of Credit

A VCIB Credit Line can get you credit access to help bridge the gaps in your operating cash flow
  • Variable interest rate based on prime rate
  • Access funds at any time by withdrawing up to your established credit limit
  • Only pay interest on the amount you borrow
  • Loans starting at $500K

Equipment Financing

Improve your operations with VCIB’s fast and flexible equipment financing
  • Amortization period: 5-7 years
  • Option of fixed or variable interest rate
  • Up to 90% financing to cover purchase cost and related expenses
  • Interest-only period during installation of new equipment
  • Loans starting at $500K

Owner-Occupied Real Estate

With VCIB’s financing, you can purchase or refinance owner-occupied business properties
  • Amortization: up to 25 years
  • Option of fixed or variable interest rate
  • Loan to value: up to 75%
  • Various interest rate term lengths available to meet long-term needs while ensuring that monthly cashflows are effectively managed
  • Loans starting at $500K

Term Loans

A VCIB Term Loan can help you finance improvements or expansions to your business property
  • Amortization period: 5-7 years
  • Option of fixed or variable interest rate
  • Loan to value: up to 75%
  • Various interest rate term lengths available
  • Option of interest-only period for construction loans
  • Loans starting at $500K

Succession Financing

VCIB’s Succession Financing can help fund a merger or acquisition
  • Amortization: 5-7 years
  • Option of fixed or variable interest rate
  • Loan to value: up to 75%
  • Various interest rate term lengths available
  • Loans starting at $500K
Born from Vancity’s community-first co-operative model, VCIB is Canada’s only values-driven bank. We’re more than a lender, we’re a long-term partner that approaches each unique opportunity with creativity and a commitment to invest in what’s right for our communities.

Looking for a financing partner that understands purpose-driven organizations? Tell us about your financing needs and get started today.

Get Started

Shared Interest™ Visa*
Business Card

With a VCIB Shared Interest Visa Business Card, 10 cents of every transaction will be allocated towards our Shared Interest Fund, which supports social and environmental impact in our communities.

Annual fees are waived for Certified B Corps. Learn more about our card’s flexible rewards and additional benefits.

Learn More
card
VCIB Shared Interest™ Visa Business cards are available to:

NON-PROFITS & CHARITIES

FOUNDATIONS

SOCIAL ENTERPRISES

B CORPORATIONS

OTHER PURPOSE-DRIVEN BUSINESSES OR ORGANIZATIONS

Frequently Asked Questions

What is the process of obtaining a loan from VCIB?

  1. Contact us

    Contact Us

    to get in touch with a Business Banking representative, who will review your circumstances and needs and will request additional documents (such as financial statements) to support your application.
  2. Our team will review the documentation and will schedule a call to discuss next steps and any outstanding questions before preparing a Letter of Interest outlining our financing terms.
  3. After you have reviewed our terms and are ready to proceed, we will prepare a full credit application and provide a credit decision and funding timeline based on your needs. We will then issue a Commitment Letter – a formal binding agreement between a lender and a Borrower.
  4. Finally, we will prepare all required security documentation and registrations, and will work with you to ensure funds are distributed based on the pre-determined funding schedule.

How can I qualify for a loan from VCIB?

You may be eligible for a loan from VCIB if you have been in operations for 2+ years, if you operate in Canada (outside of Quebec) and if you contribute to positive social, economic, and environmental change in your community. Contact us

Contact Us

to determine eligibility.

Vancity Group

VCIB is a wholly owned subsidiary of Vancity Credit Union, Canada’s largest community credit union with more than 560,000 member-owners and $34 billion in assets plus assets under administration. As a values-based financial co-operative, Vancity and its members use finance as a force for change to build a clean and fair world.

Federally Chartered

VCIB is a Schedule 1 chartered bank operating under federal guidelines and regulated by the Office of the Superintendent of Financial Institutions.

Certified Beneficial

A B Corp’s™ purpose is to create social and financial value. To belong, they must meet high standards of transparency and accountability, and create positive social and environmental benefit.

Change Maker

VCIB belongs to the Global Alliance for Banking on Values, an international network of banking leaders who make social and environmental change a part of their financial model.

Loans subject to credit approval. Some credit restrictions may apply. Other terms and conditions may apply.

*Trademark of Visa Int., used under license.

™Shared Interest is a trademark of Vancity Community Investment Bank.

Vancity Community Investment Bank is a member of CDIC and is a Certified B CorpTM

Beware of fraudulent emails posing as VCIB. Legitimate emails will only come from @vcib.ca and are not promotional. Click here to learn more about preventing fraud. For inquiries, reach out to info@vcib.ca.