1 All loan, line of credit and Small Business Overdraft applications must meet CIBC lending criteria. Subject to credit approval. Rates and limits will be determined based on an assessment of application. Some conditions and restrictions apply. The interest rate on variable rate loans, lines of credit and Canadian dollar Small Business Overdraft will change whenever CIBC's Prime Rate changes. Personal guarantees may be required from all principals who have ownership in the business.
2 Depending on your credit rating, some options may not be available and/or some conditions may apply.
3 Provided we have received a complete application and supporting documentation.