Business loans may be eligible for payment deferrals. Extension of the amortization term may also be available for eligible loans, including the Canadian Small Business Financing Program.
Note: This relief option doesn't feature principal and/or interest skipping or forgiveness. You must pay the principal and interest. Interest will continue to accrue over the deferral period. For more information on how this will impact your account, refer to our COVID-19 Financial Relief FAQ.
Learn more about business loans