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THE BUSINESS100 $MILLION CREDIT LINE

Qualify for a Home Credit Line of up to 1.0 Million using your Business Sales not your Personal Income.

B500 Top Page

Access the Equity in Your Properties to
POWER YOUR BUSINESS

 

B500 Form

WHAT IS IT?

  • Canadian Business Owners can Now Qualify for up to $1MILLION Credit Line secured with their Home or Rental property.

  • A Home Line of Credit with the Perks of a Platinum VISA Credit Card.

  • Ideal solution for Business Owners that declare low personal income for tax purposes.

  • BIG BANKS CANT COMPETE.  Not Even Close.

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CREDIT LINE DESIGNED FOR:

  • Registered Corporations & Sole Proprietorships

  • Restaurant & Retail Owners

  • Construction Trades and Unions

  • IT Independent Consultants

  • Contract Workers - All Fields

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INCOME REQUIREMENTS

  • Business Owners Qualify on your Revenue - Not your Personal Income

  • No Personal Tax Information or Financial Statements Required for Approval

  • Approval Based on 12 Months of Business Bank Statements

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ADDITIONAL PERKS:

  • Earn 1% Cash Back on All Purchases

  • 21-Day Interest-Free Period on Purchases

  • Interest Only Payments

  • Auto Rental Insurance

  • Purchase & Fraud Insurance

  • ATM & Online Account Access

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FEES & RATES

  • No Upfront Fees

  • No Annual Fee, No Monthly Fee

  • Credit Line Rates from 6.99% to 9.99%

  • Both Fixed and Variable Rates are Available

  • One Time Processing Fee of 2.99%

  • Processing Fees & Closing Costs can be charged to Credit Line

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FINE PRINT:​

  • Limited to Residential & Rental Properties Only

  • Up to 4 Units Permitted.

  • Can be Registered in 1st and 2nd Position at the Same Interest Rate

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BYE BYE BUSINESS LOAN, 

HELLO CREDIT LINE!

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"I was paying $5,000 a month for a Business Bank Loan that i used to start my business. 

The high payment and monthly fees was hurting my Cash Flow.

I was approved for a Business 500 Credit Line, I  Paid off the Loan, NO More Fees, and my Monthly Payment dropped to only $1,500!

​

Bobby Singh, Hatch Group

 

Three Step Process
It doesn't get easier than this...
1

Submit Your Documents

Email us your Documents from the Checklist and we'll have your

Free Approval within 2 days.

2

Accept the Terms

We'll indicate how much you qualify for and at what rate.

If you like it, we order an appraisal.

3

Sign The Final Documents

Meet & sign virtually with our

Legal Team (or your own lawyer) to Register the Credit Line.

Use Equity to Build & Grow Your Business.

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You've built your business with a lot of know-how and some serious sweat equity. Take your business to the next level by using the equity in your home and get up to $1,000,000.

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Fine Print: Maximum 65% LTV for EquityLine Visa, maximum 80% LTV for EquityLine Visa and 1st mortgage combined. Rates are subject to change at any time. Each mortgage application is subject to approval based on its merits in accordance with Home Trust’s policies and guidelines. One time processing of 2.99%, charged to the card.

® Registered trademark of Home Trust Company. * Visa Int./Home Trust Company, Licensed user of mark. The rate used to calculate the GDS and TDS ratios for all mortgages will be the greater of the contractual mortgage rate or EquityLine Visa rate (offer rate) plus 2% or the five-year benchmark rate published weekly by the Bank of Canada. Non-conventional mortgage applicants must also qualify for mortgage insurance and are responsible for the insurance premiums.

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