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Business & Ag Mortgages

If you’re ready for a new commercial building or want to purchase land to expand your ag operation or agribusiness, you need a mortgage that works as hard for your money as you do. We have a line-up of commercial mortgages and loan insurance that can be tailored to your unique needs. Our business mortgages also pays you back through our ProfitShares program.

Simplicity Business Mortgage

As you expand your business, ag operation, or agribusiness, every penny saved contributes to your bottom line. That's why we've tailored the Simplicity Business Mortgage to be straightforward, saving you time and money by focusing on your needs. To qualify, a down payment of 20-35% is required.
With this mortgage option, you also benefit from:

  • Terms ranging from 1 to 7 years
  • Amortization periods of up to 25 years
  • Competitive interest rates
  • Flexible options with fixed or variable rates
  • An annual prepayment allowance of 20%
  • Multiple repayment plans
  • Option to readvance, subject to approval
  • ProfitShares rewards
Take steps toward a beneficial business partnership
After years of careful planning, you and a friend decide to start a business. You dream of success, but you're also aware of the realities involved in such a venture. Most new businesses go broke and many partnerships turn sour...

Synergy Open Business Mortgage

If you're seeking a mortgage for your business, ag operation, or agribusiness and prefer the flexibility to pay it off quickly, our Open Business Mortgage is an ideal choice. With this mortgage, there are no limits on the extra payments you can make, allowing you to reduce your debt faster. You also have the option to convert it to any of our other Synergy mortgage products at any time.

With the Synergy Open Business Mortgage, you'll benefit from:

  • Competitive rates
  • A 1-year fixed rate term or a 3-year variable rate term
  • Automatic transfers or self-service payments
  • A variety of repayment options
  • Amortization periods of up to 25 years
  • ProfitShares rewards
Aerial shot of a canola field
Growing your business/ag operation?
History has shown growing too fast may have the same effect or may be even worse than not growing at all. Keep reading to discover key factors to consider.

Synergy Super Business Mortgage

Your business, ag operation, or agribusiness thrives on cash flow and seamless access to funds. Our Super Business Mortgage is tailored to meet these needs. Once your pre-approved limit is established, you can utilize funds for operating expenses, cash flow requirements, or purchases at mortgage rates. Additionally, you have the flexibility to divide your credit limit into up to five sub-loans, simplifying fund management as your business grows.

Key features include:

  • Terms ranging from 1 to 7 years
  • Both mortgage and sub-loans offer options for fixed or variable rates
  • Enjoy a 20% annual prepayment allowance on fixed-term loans.
  • No prepayment penalties on variable rate loans
  • Choose between blended (principal plus interest) or interest-only payment options
  • Multiple repayment plans to suit your financial strategy
  • Earn 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 Construction Mortgage

For contractors specializing in speculative home construction, access to funds throughout each phase of building is essential for success. Our Business Construction Mortgage is specifically designed to meet this need. Once inspections are approved, we provide you with a percentage of building funds to ensure you have the necessary resources at every step of the construction process.

Key features include:

  • Terms ranging from 1 to 7 years
  • Options for fixed or variable rates for both the mortgage and sub-loans
  • A 20% annual prepayment allowance for fixed-term loans
  • No prepayment penalties on variable rate loans
  • Choose between blended (principal plus interest) or interest-only payment options
  • Multiple repayment plans to suit your financial strategy
  • Earn ProfitShares rewards
Blueprint for small business success
Small businesses are crucial to every region’s economy. Often, they are started by people who followed their passion, drafted a plan and went to work - hard.
Starting your own startup isn’t easy, but the rewards are certainly worthwhile if you can succeed...

Business and/or Ag Mortgage APR* Example

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

Business/Ag Mortgage

Amount = $100,000
Annual rate = 7.50% (+1% application fee)
APR 8.02%
Unlock Financial Growth with Synergy’s Experts
At Synergy, our Business & Ag Financial Experts aren’t just professionals; they’re neighbors who live and breathe your community. Their deep understanding of the challenges faced by local businesses and agricultural ventures sets them apart. Whether you’re scaling your operations or seeking tailored solutions, our experts excel at crafting innovative borrowing strategies that precisely meet your unique needs.
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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