Open

CIBC — Business line of credit

Revolving credit to manage cash flow and short-term expenses

Canadian Imperial Bank of Commerce (CIBC)

Last Update: March 3, 2026

Funding available

$ 10,000

Timeline

Open continuously

Location

Canada

Overview

CIBC’s Business Line of Credit provides revolving financing starting from $10,000 to help businesses manage cash flow and cover short-term expenses. Eligible uses include paying vendors, buying supplies, and taking advantage of trade or inventory discounts, with interest charged only on the amount borrowed.

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Opportunity Score

Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals

No objectives are currently available

Eligible Funding

Minimum amount : 10,000 $

Timeline

Open continuously

Eligible candidates

Eligible Industries

Finance and insurance

Location

Canada

Legal structures

For-profit business
Sole proprietorship

Annual revenue

All revenue ranges

Organisation size

All organization sizes

Audience

Canadians
Startups

Next steps

Determine your project

Validate your eligibility

Activities funded

Manage short-term cash flow needs to cover everyday business expenses.
Finance ongoing purchasing needs such as paying vendors or buying supplies.
Take advantage of business opportunities that require quick access to revolving funds (e.g., trade or inventory discounts).

Eligibility

Who is eligible?

Small and medium-sized enterprises (SMEs)
Companies in the health sector

Eligible expenses

Payments to vendors (e.g., supplier invoices).
Purchase of business supplies.
Everyday/short-term business operating expenses.

Processing and Agreement

CIBC verifies the information you provided and reviews your credit profile.
If your application meets CIBC’s borrowing criteria, CIBC approves you for a specific credit limit, interest rate, and repayment term.
After approval, you receive an offer to accept.
Once you accept the offer and sign the required documents, CIBC makes the line of credit available through your business bank account.
For most applications, funds can be available in as little as 2 days after acceptance and signing.

Additional information

Minimum line of credit amount starts from $10,000.
Lines of credit are available in CAD or USD.
Interest rate is variable and interest is charged only on the amount borrowed.
You may be able to access the line of credit through cheques, CIBC Online Banking®, CIBC Mobile Banking® or ATM withdrawals.

Contacts

1-866-992-7223

Frequently Asked Questions about the CIBC — Business line of credit Program

Here are answers to the most common questions about the CIBC — Business line of credit. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the CIBC — Business line of credit?

Who is eligible for the CIBC — Business line of credit program?

To be eligible for the CIBC — Business line of credit program, you must: Business has positive revenue for 12–24 months. Business owner has a good credit score. Applicant has a detailed business plan.

What expenses are eligible under CIBC — Business line of credit?

Manage short-term cash flow needs to cover everyday business expenses. Finance ongoing purchasing needs such as paying vendors or buying supplies. Take advantage of business opportunities that require quick access to revolving funds (e.g., trade or inventory discounts).