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CIBC — Business line of credit

Q: How much funding can be received?

There is no informations about how much funding can be received.

Q: What is the deadline to apply?

The program is accepting continuous intake

Q: Is the CIBC — Business line of credit a grant, loan, or tax credit?

CIBC — Business line of credit is a Loans and Capital investments

Q: Who are the financial supporters of the CIBC — Business line of credit?

CIBC — Business line of credit is funded by Canadian Imperial Bank of Commerce (CIBC)

Q: 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.

Q: Who can I contact for more information about the CIBC — Business line of credit?

You can contact Canadian Imperial Bank of Commerce (CIBC) or by phone at 1-866-992-7223.

Q: Where is the CIBC — Business line of credit available?

The CIBC — Business line of credit program is available across Canada.

Q: Are startups eligible for the CIBC — Business line of credit program?

Yes, startups are eligible to apply for the CIBC — Business line of credit program.

Last Update: February 5, 2026

Canada

Revolving credit to manage cash flow and short-term expenses

Loans and Capital investments

Canadian Imperial Bank of Commerce

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Other info

Contact

At a glance

Funding available

Financing goals

No objectives are currently available

Eligible Funding

Minimum amount : 10,000 $

Timeline

Unspecified

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

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.

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

The business owner(s) have relevant industry experience.
The owner(s) have personal financial investments in the company.
The business has generated positive revenue (inflows exceed outflows) for at least 12 to 24 months.
The applicant has a good credit score.
The applicant can provide a detailed business plan.

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.

Selection criteria

Results of the review of the information provided and the applicant’s credit profile.
Compliance of the application with CIBC’s borrowing criteria (leading to approval for a specific amount, interest rate and repayment terms).

How to apply

Check eligibility factors

Confirm you meet CIBC’s suggested qualification factors (industry experience, personal investment in the business, positive revenue for 12 to 24 months, good credit score, detailed business plan)

Contact a business advisor

Contact CIBC to connect with a business advisor for guidance and questions
Call the Business Client Advice Centre if needed

Prepare required documents

Bring the required documents to your appointment
Review the business credit application document checklist (PDF) for full details

Get a decision

Have CIBC verify your information and review your credit profile
Receive an approval decision with a specific amount, interest rate and repayment term if criteria are met

Accept and sign the offer

Accept the offer and sign the required documents

Access your funds

Access the line of credit from your business bank account after acceptance
Funds may be available in as little as 2 days for most applications

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

Canada

Apply to this program

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.