Bank Loan

Scotiabank Small Business Loan Business Plan

Helping entrepreneurs secure financing with a clear and credible plan.

Scotiabank offers a full range of credit solutions for small and mid-sized businesses in Canada. From term loans and lines of credit to the Canada Small Business Financing Program, Scotiabank provides flexible funding options that support growth, equipment purchases, cash flow, and property needs.

Official hub: Scotiabank – Loans & Leases

What is a Scotiabank small business loan?

Scotiabank lends through standard business credit products and through government‑backed programs where eligible. Your loan type depends on purpose, amount, security, and cash flow. The bank outlines core products on its business borrowing hub.

Explore Scotiabank borrowing options

Types of Scotiabank business financing

Term Loan for Business

One‑time financing for major purchases such as equipment or renovations with fixed or variable payments and amortization aligned to asset life. Government‑guaranteed options may be available.

Term Loan for Business – Scotiabank

Business Line of Credit

Revolving working capital to handle seasonal needs, supplier payments, and short‑term cash flow.

Credit Line for Business – Scotiabank

Canada Small Business Financing Program at Scotiabank

Scotiabank participates in the federal CSBFP with both a term loan and a credit line option.

Scotia Flex for Business

A secured global credit limit structure that can bundle multiple products under one borrowing umbrella and scale to growth.

Scotia Flex for Business

Professional Programs and Specialty Credit

Options tailored for professionals and practices, including larger limits through specialty lines.

Scotia Professional Plan Line of Credit

Black‑Led Business Financing Program

Dedicated financing stream for eligible Black‑led businesses for capital investments and working capital.

Black‑Led Business Financing Program

Who can apply

Scotiabank finances Canadian businesses across many industries. Applications are assessed on business viability, cash flow, credit history, and the purpose of funds. Product pages outline features, terms, and eligibility guidance for each solution. Start at the loans and leases hub and choose the product that fits your need.

Loans & Leases Hub – Scotiabank

Why entrepreneurs choose Scotiabank

Scotiabank provides a broad menu of credit options, access to the federal CSBFP inside the bank’s workflow, and specialty programs such as Scotia Flex for Business and the Black‑Led Business Financing Program. Its product pages clearly describe how each solution supports cash flow, equipment, property, and growth.

The role of The Biz Plans

We prepare lender‑ready business plans that match Scotiabank’s underwriting expectations. Our plans present a clear narrative, market logic, and CPA‑level financials so your repayment capacity is easy to evaluate. We also tailor projections for CSBFP submissions when that structure is the best fit.

How to apply for a Scotiabank business loan

  1. Review the product that fits your need
  2. Prepare a business plan and cash flow forecast. (We can help you build a Scotiabank‑ready package.)
  3. Contact a Scotiabank business advisor through the relevant product page to begin the application.

Additional Scotiabank resources

Ready to get started?

We’ll prepare a clear, lender‑ready Scotiabank business plan with CPA‑built financials and CSBFP‑aligned projections where applicable.

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