If you have clients who are looking to borrow money but don’t want the limitations associated with a personal loan, the TSB Private Bank Limited Unsecured Line of Credit may be an appropriate solution.
It’s quick and easy to apply. And once approved, your clients will have immediate access to funds for such things as investments, home renovations, paying off high-interest debts, or even taking a well-deserved vacation. They have total control in how they use the funds and total convenience in how they manage them. Our TeleBanking Center will set up your clients for online and/or telephone access so they can view their account balances, transfer funds, pay bills and more.
HIGHLIGHTS
Competitive lending rates linked to the Prime Rate¹
A credit limit of $5,000 to $50,000²
Minimum monthly payment: 3% of outstanding balance or $25, whichever is greater
First set of 50 Checks free
Unlimited chequing privileges
Unlimited Interac* Direct Payments
Unlimited online or IVR³ transfers and bill payments
Advisors receive 25 bps annualized trailer paid on the daily closing balance
