Open
CIBC — Business loans
Financing for long-term business goals with flexible repayment terms
Last Update: June 8, 2026
Funding available
$ 10,000
Timeline
- Open Date : February 3, 2026
Location
Canada
Overview
CIBC Business Loans provide financing starting from $10,000 to help businesses fund long-term goals such as buying equipment, investing in property, or covering other major expenses while maintaining working capital. Eligible activities include financing up to 100% of asset acquisition costs and choosing flexible repayment terms with fixed or variable interest rates, available as secured or unsecured loans.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Optimize production processes
- Renovate or expand facilities
Eligible Funding
- Maximum amount : 10,000 $
- Minimum amount : 10,000 $
Timeline
- Open Date : February 3, 2026
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
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Purchase of business equipment.
- Investment in commercial property for business use.
- Financing of long-term business growth projects.
- Funding of large business expenses to maintain working capital for day-to-day operations.
Eligibility
Who is eligible?
- Small and medium-sized enterprises (SMEs).
- Companies in the healthcare sector.
Eligible expenses
- Purchase of equipment (asset acquisition costs), potentially up to 100% financed.
- Investment in property.
- Other large, long-term business expenses financed through a lump-sum loan.
Processing and Agreement
- CIBC verifies the information provided and reviews your credit profile.
- If the application meets CIBC’s borrowing criteria, CIBC issues an approval specifying the loan amount, interest rate, and repayment term.
- After you accept the offer, you sign the required documents.
- Funds are then made available through your business bank account (for most applications, in as little as 2 days).
Additional information
- Business loans may be offered with either fixed or variable interest rates.
- Loans can be secured or unsecured, depending on the application.
- The loan is available as a lump sum in CAD.
- For variable-rate loans, lump-sum payments may be made without prepayment charges (as described on the page).
Contacts
Frequently Asked Questions about the CIBC — Business loans Program
What is the CIBC — Business loans?
CIBC Business Loans provide financing starting from $10,000 to help businesses fund long-term goals such as buying equipment, investing in property, or covering other major expenses while maintaining working capital. Eligible activities include financing up to 100% of asset acquisition costs and choosing flexible repayment terms with fixed or variable interest rates, available as secured or unsecured loans.
How much funding can be received?
CIBC — Business loans Funds up to $10,000 of admissible expenses.
Who is eligible for the CIBC — Business loans program?
To be eligible for the CIBC — Business loans program, you must:
Positive revenue for 12–24 months
Good credit score
Detailed business plan
What expenses are eligible under CIBC — Business loans?
Purchase of business equipment.
Investment in commercial property for business use.
Financing of long-term business growth projects.
Funding of large business expenses to maintain working capital for day-to-day operations.
Who can I contact for more information about the CIBC — Business loans?
You can contact Canadian Imperial Bank of Commerce (CIBC) or by phone at 1-866-992-7223.
Where is the CIBC — Business loans available?
The CIBC — Business loans program is available across Canada.
Is the CIBC — Business loans a grant, loan, or tax credit?
CIBC — Business loans is a Loans and Capital investments