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Business & Ag Loans

Cash flow is key when you’re running a business, ag operation or agribusiness, so access to the right lending products at the right time can make all the difference. Whether you're just starting out, looking to streamline, manage your finances or planning to expand, we can tailor business financing solutions to your unique needs, no matter what industry you’re in.

Business Term Loan

Term loans are a smart choice for your business, farm, or agribusiness when you need to invest in equipment, expand facilities, or consolidate debt to improve cash flow. Our flexible business term loan offers structured payments and adaptability to meet your specific needs, helping you focus on growth and financial stability. Our business term loan also offers:

Old Barn and shed
Increasing your assets
As business increases, you generally need more equipment/assets to keep up with the expansion.

Business Quick Loan

Easy access to funds is essential for maintaining and expanding your business, farm, or agribusiness. With our Business Quick Loan, you get the flexibility to support your ongoing and future plans. Simply apply once to establish your credit limit, then access the funds whenever you need them. You only pay interest on the amount you use, allowing you to keep more of your money for what matters most. You also get:

  • Terms are ongoing and revolving
  • Blended (principal plus interest) or interest-only payment option
  • Ability to use collateral to get an even better rate
  • Variable rates
  • No prepayment penalty
  • Payment protection options
  • ProfitShares rewards
Unlock Your Business Potential with the Business & Ag Financial Centre Team
Whether you're an experienced business owner or embarking on your entrepreneurial journey, we provide all-encompassing business banking solutions, strategic borrowing choices, investment prospects, and specialized financial insights customized to meet your distinct objectives and requirements.

Business Line of Credit

Unlock financial flexibility and peace of mind with our Business Line of Credit. Designed to meet the dynamic needs of your business, it offers a range of features to support your cash flow management. It also offers:

  • Competitive rates
  • Payment protection options
  • ProfitShares rewards
  • Flexible access to funds allows you to draw from your credit line whenever you need to manage short-term cash flow.
  • Automatic replenishment keeps your credit line active by renewing the balance as you make repayments.
  • Linked to your chequing account for a seamless and convenient way to access your credit line.
How to manage and increase your cash flow
Having a positive cash flow simply means having more money coming in than going out. A positive cash flow is critical to the operation and success of your business...
Equipment Financing
Synergy offers financing through many Ag Implement Dealerships across the prairies. If you are in the market for new equipment, ask if they offer dealer financing with Credit Union Dealer Finance

  • Quick response (less than two business days)
  • Continue to deal with the local experts at Synergy Credit Union once the loan is approved and set up
Where does a farm family start succession planning?
Looking to turn over the farm? Where do you start? 

Business and/or Ag Term Loan APR* Example

*An APR represents the total yearly cost of borrowing money, expressed as a percentage of the principal loan amount.

Business/Ag Term Loan

Amount = $100,000
Annual rate = 10% (+1% application fee)
APR 10.441%
Preparing For Your Appointment
For your upcoming appointment, please make sure you have the following information ready:
  • Financial statements and/or tax returns for the past 3 years.
  • Up-to-date business plans and projections.
  • A list of current assets with estimated values.
  • A list of current liabilities, specifying balances, payment amounts, and authorized limits for credit cards or lines of credit, if applicable.
  • Direct deposit details.
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