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Fresh Loan


A fresh business loan is a first-time loan from the particular bank. Normally it is an unsecured loan. The different bank has different policies regarding the fresh business loan.

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Eligibility Criteria
  • A company should be minimum 1 yr old.
  • There should be a business set-up.
  • There should be an active company account.
Mandatory Requirements
  • A valid copy of Passport, Resident visa, and Canadian ID of all the partners.
  • Trade license.
  • MOA or AOA.
  • Liability letter from the bank.
  • 6 months bank statement of the company account.
  • Tenancy Contract.
  • 3-5 Sales and purchase vouchers.