Flexi-Loan
Take advantage of new opportunities to expand while managing your cash flow with the Flexi-Loan. It lets you deal with market realities by allowing you to pause the principal portion of your payment.
Features
- you have the freedom of putting your principal payments on pause (the number of allowable pauses depends on the security and amortization of the loan)
- each principal pause can last up to 12 months
- a minimum of one year of regular payments must be made before your first pause (pauses cannot be taken back-to-back)
Benefits
- you can invest in your operation knowing you can manage temporary downturns
- you have the control to decide when to pause your principal payments
- you can pause for adverse situations or for opportunities
- pausing can help you maintain your credit rating
Security
Normally secured with real or personal property.
Repayment
- monthly, quarterly, semi-annual or annual payments are available
- fixed or variable rates
Insurance
Ask us about protecting your family and business with FCC Loan Insurance.
Let’s talk
Is this the right loan for you?
- Apply for this loan now
- Find the nearest FCC office
- Call our Customer Service Centre at
1-888-332-3301
