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Credential Direct
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Credit Union Central of Saskatchewan
Credit Union Central of Saskatchewan

Sandhills Insurance

Town of Leader
Town of Leader

Business Mortgages

These loans are granted when the request is related to income coming from a business enterprise. Security on these types of loans are by a mortgage, which covers the land and the buildings on the commercial property. The value of the security will not exceed 75% of the purchase price, or the appraisal of the property, whichever is the lesser of.

The benefit to the member is to use an asset over a longer amortization period, which is a maximum of 25 years, and a lower interest rate. Variable and fixed rates are also available.

Examples: to purchase commercial property, or equipment.

For further details, members can contact the lending department.




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