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Make banking the easy part of your journey
Start off strong with the essentials
Manage your money the smart way
Get to where you’re going — faster
The essentials
Incorporate your business with MyCorporation™
Make it official by incorporating in any jurisdiction online or via phone and benefit from limited liability, added credibility and tax flexibility. Learn how you can save with CIBC and MyCorporation:
Cash offer
Earn $300 cash† when you incorporate with MyCorporation and open a new CIBC Business Operating Account
$569
One-time, all-inclusive fee for Federal incorporation
-$300
Open a CIBC business account and keep it open for 90-days
$269
Save on incorporation and get additional benefits included.
Free annual return service — $200 value in Ontario and Quebec
Free Elite corporate kit — $125 value
Free custom logo design — $50 value
1-year of over-the-phone support
CIBC Everyday Business Operating Account®
Having a business account gives your new business credibility with customers and suppliers. Our cost-effective account helps keep your finances organized. Plus, save on fees when you bank electronically.
Monthly fee1
$0
or
$20 for self-service2 access
$25 for full-service3,4 access
Pay no monthly fee when you have a minimum daily balance of $15,0005
Transactions included6
30
(includes Interac e-Transfer® transactions7)
CIBC bizline® Visa* Card for Business
Keep your personal and business expenses separate, build your business credit history and pay low interest rates.
Credit limit
Up to $50,0008
Annual fee
$0
(Up to 9 cardholders)
Interest rate
As low as CIBC Prime + 1.5% for purchases8
As low as CIBC Prime + 1.5% for cash8
Minimum annual income
$35,000
(individual)
Your incorporation services cash offer questions answered
Your operating account and credit card questions answered
Run your business smoothly with a little help from us
Fund your next big business idea
In partnership with CIBC, Futurpreneur provides young business starters with financing, mentorship and resources to help turn dreams and gigs into thriving businesses.
Streamline your cash flow
Keep track of your ins and outs with our easy-to-use cash management services — collect money from customers and pay employees and suppliers.
Best Bank for Cash Management in Canada
Global Finance Magazine
2021, 2020, 2019, 2018, 2017
Your cash management questions answered
Advice and resources
EXPERT EXCERPTS
How Futurpreneur and CIBC are empowering Gen Z and millennial entrepreneurs
Keep your people at the heart of your business and know how to mould your company with new technology and digital trends.
STARTING
Seven expert tips on financing a startup from scratch
Rachael-Lea Rickards of Real Talk Candles tells entrepreneurs that it’s important to get help and mentorship. This is the key to success.
STARTING
To Incorporate or not? That is the question.
At some point in your business life cycle, you may start weighing the pros and cons of incorporating your business. Incorporating can provide some great advantages like business tax savings and investment opportunities.
Grow your business
Reach your franchise goals with the CIBC National Franchise Sales Team. We have 25 years of experience in providing finance franchise support in Canada. Get personalized advice and offers with us, and borrow up to $1 million9.
We'll help you get funding so you can cover day-to-day or large expenses, protect your business from unexpected cash shortfalls and plan for the future.
We’re partnering with the Government of Canada to help Black-owned businesses access loans ranging from $25,000 to $250,000.
Your financing questions answered
We care about your business so let's work together
Get professional advice
Our experts are ready to help you:
Evolve your business plan with strong advice
Set up your business accounts
Grow and reach your goals
Meet advisors who care
"I'm passionate about helping my clients, and I feel very grateful when their dreams become a reality. That's exactly what keeps me going"
Talk to an advisor today
One of our business experts will be happy to answer your questions.