Commercial mortgages are offered (OAC) for land and building purchases, renovations to business premises and other worthwhile business-related purposes, utilizing the commercial property valuation and owner's equity to support the accommodation. Competitive fixed and variable interest rate options are available, with terms up to five years. Extended amortizations, up to twenty five years, may be available for qualified borrowers on commercial properties depending on the age and condition of the improvements, etc.
Contact your local Williams Lake and District Credit Union branch for more information.