Get your Business Loan Locally

Get trusted local advice for your business loan needs.

Why Cambrian? Our purpose is to save, solve and simplify.

At Cambrian, part of our purpose is to solve financial problems. That is one of our goals in everything we do for our members, including financing your Business Loan.

Get going on your project sooner with a quick approval.

There is nothing worse than a “slow no”. As soon as we receive the necessary third party reports, we’ll finalize your loan approval as soon as possible. Our quick loan approval lets you move quickly on your commercial project.

Solve your financial problems with flexible and competitive terms.

No two projects are the same. That is why our Business Advisor team will work with you to thoroughly understand your needs and develop a project plan that fits your business.

At Cambrian, our goal is to solve your financial problems, save you time and money, and simplify your business. We keep our lending rates among the lowest in our local market, so you can expect a competitive rate on your Cambrian Business Loan.

Take advantage of local expertise.

We have extensive experience with commercial loans for Manitoba-based businesses. Our business advisors intimately know the Manitoba market because they live and work here.

Your advisor isn’t just your lender; they’re your trusted partner to help grow your business. Whether this is your first commercial project or you have a long-standing business, you will benefit from Cambrian’s trademark commitment to expert advice, personalized service and attention to detail.

How does applying for a Cambrian Business Loan work?

Step 1:
Book an initial meeting

When applying for a loan, it is important to work with a lender that understands your needs and your business.

The first step of this process is a meeting with a Cambrian Business Advisor to review your project. At this meeting, we will discuss your project plan, budget and your financing needs. Depending on the type of project, we may request additional information.

Our advisors are available to meet you however is most convenient for you – by phone or video or if you prefer, in-person at your place of business or at our office.

Book a meeting

Step 2:
Discussion paper

Following our initial meeting, you can expect to receive a phone call to review the discussion paper outlining the specific details of your project and the requirements and terms of our loan financing, including amount, rate and term. The discussion paper will also list the conditions and precedents that must be met before Cambrian can fund the loan, the reporting requirements and any other relevant information.

The discussion paper will provide you with all the information you need to decide if you want to proceed with our proposed financing.

Step 3:
Due diligence and approval

Once Cambrian has received all the required documentation and reports from your business and third parties, our team will analyze, verify and validate the information before proceeding with the approval of the loan.

Once the loan is approved, Cambrian will send a Committment Letter for your review and signature, which will outline your approved credit and the terms and conditions of your loan.

Step 4:
You receive your loan once all pre-funding conditions have been met

Upon meeting all pre-funding conditions, you receive your funds, allowing you to move forward with your project.

Frequently
Asked Questions

Do you offer Business Loans in USD?

Yes! We offer Business Loans in both Canadian and US Dollars.

What are your business lending term lengths?

Your lending term will depend on the security for the loan and your goals, and we match the loan length to the asset life.

Do I qualify for a Business Loan or Line of Credit?

Cambrian will look at a number of factors when reviewing your application, including credit and payment history and business collateral.

By reviewing your credit history, we are looking to ensure you have the cash flow to afford the payments on your loan. At the same time, we’ll look at how much capital you have invested in your business.

Your business collateral, includes, but is not limited to:

  • Security
  • Real estate
  • Cash/cash surrender value of insurance
  • Equipment
  • Accounts receivables and inventory



Should I get a Business Loan or a Line of Credit?

It depends on your business needs. Business Loans are a good option for large one-time expenses, such as equipment purchases or renovations. A line of credit allows you to create your own loan, and is frequently used to manage your cash flow and pay for day-to-day expenses.