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Canadian Imperial Bank of Commerce (CIBC): Overview

Although they weren’t officially named the Canadian Imperial Bank of Commerce until 1961, their roots date back to the mid 1800’s, so CIBC can be a reliable source of financing and banking services for all your business needs. On their website, you’ll find a number of options, such as loans, lines of credit, and overdraft protection, any of which can be a huge benefit to your profit margin. They even offer loan programs dedicated specifically toward farming and agricultural businesses. For additional information or financial advice, be sure to set up an in-person appointment during their hours of operation at a branch close to you.

Services & Products

Canadian Imperial Bank of Commerce (CIBC) Offered Services

Auto Loan

Loan Range
Min $5,000
Interest Rate
-
Terms (Months)
12 - 96
Funding Time
n/a
Funding Method
n/a
Repayment Options
Weekly, bi-weekly, semi-monthly and monthly payments are available.
Eligibility
  • Must be a Canadian resident
  • Must be the age of majority in your province
  • Must have a minimum income of $17,000
  • Must not have declared bankruptcy in the last 7 years
  • If you applied for credit with CIBC within the last 6 months and were declined, you are not eligible.
 
Requirements & Documents
n/a

Business Loan

Loan Range
$10,000+
Interest Rate
-
Terms (Months)
Up to 15 years
Funding Time
May vary based on product/financing amount
Funding Method
Direct deposit
Repayment Options
Flexible
Eligibility
Conditions may vary when applying
Requirements & Documents
Required documents may vary when applying

Reviews

Reviews & Rating

See what others have to say about Canadian Imperial Bank of Commerce (CIBC)

I’ve dealt with CIBC for many years, never disappointed.

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