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Scotiabank: Overview

Scotiabank, otherwise known as the Bank of Nova Scotia, has been around since 1832 and is now one of Canada’s most renowned commercial banks, catering to millions of clients throughout almost every province and territory. Their stature makes them a good source of financing for small and mid-sized businesses alike. They offer a respectable selection of products and services for the benefit of any sole proprietorship, partnership, corporation, and not-for-profit agency.

To know if your business qualifies for financing, take a look at their web page, which lists all their borrowing options and requirements. If you’d like some professional help, you can also set up an appointment at one of their branches and speak to a business adviser near you.

Services & Products

Scotiabank Offered Services

Auto Loan

Loan Range
  • Up to $200,000
Interest Rate
Terms (Months)
  • Up to 96
Funding Time
Funding Method
Repayment Options
  • Weekly, bi-weekly or monthly payments
Eligibility
Requirements & Documents

Business Loan

Loan Range
  • Up to $1,000,000
Interest Rate
 
Terms (Months)
  • Up to 15 years
Funding Time
  • May vary based on product, client, and financing amount
Funding Method
  • Direct deposit
Repayment Options
  • Flexible
Eligibility
  • Conditions may vary based on product type
Requirements & Documents
  • Required documents may vary based on product type

Reviews

Reviews & Rating

See what others have to say about Scotiabank

After 42 yrs as a customer, the level of ‘service’ at Bank of Nova Scotia has significantly dropped during the past 10 years. My credit sc

I have been using ScotiaBank for over 30 years, and I will never use their auto loan center ever again. ScotiaBank’s customer care and service h

Good bank. I have been a customer for a couple of years and they always treat me well.

Use at own risk! They mismanage peoples hard earned money.

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