Skip to main content
  • Business
Small-Business-Banking-Solutions-Overview

Small Business Banking Solution

When it comes to Small Business and Banking, ​Good is Better

​It's not about big. It’s about better. And what’s better? Simplicity, speed and ease. That’s how your small business runs. That’s how we run. Our digital bank is already winning awards and accolades for our innovative personal banking. Let’s see what we can do for your business.

Exclusive Introductory Offer

Up to $380* in value! 

Not available to residents of Quebec 

Features Icon-01.png

No monthly fees for 6 months^

SmallBusinessLoan_Loans.png

Fast and flexible access to funds

Icons_E-commerce.png

Flexible, secure, and comprehensive solutions

 

Small Business eChequing Account*^

Overview

​Our small business eChequing account offers you the convenience of day-to-day transactions with 24/7 digital access.

Key Features
  • No monthly fee with a minimum daily closing balance of $3,000 throughout the month ($5 monthly fee if minimum balance is not maintained)​
  • Free unlimited electronic debit and credit transactions
  • Unlimited incoming Interac e-Transfers®
  • 6 free outgoing Interac e-Transfers®  per month

Small Business Loans and Lines of Credit

Alterna Bank, in partnership with Thinking Capital, brings you fast and simple Small Business Loans to help you run your business more effectively. Apply for $500 to $300,000 online, get pre-approved in minutes! This hassle-free financing solution provides working capital to meet your small business needs including renovations, purchasing new equipment, marketing, and other business expansion. 

  • Get funds in as fast as in 24 hours
  • Get a credit decision quickly with no obligation
  • 24/7 on-demand access for quick business decision​​
  • Up to $5,000 Draw on your Line of Credit at 0% Financing*
Select Image
 
 

​Payment Processing

Contactless Payments: Adjusting your way of doing business doesn’t have to be complicated or costly. During these unprecedented times, you may be searching for new ways to conduct business, including accepting payments at the curb or your customer’s doorstep.

With a full range of mobile payments solutions, including Mobile Pay, Global Payments can help keep your business objectives.

  • Flexible, secure, and comprehensive payment solutions
  • Seamlessly accept any form of payment - anytime, anywhere, anyway.
  • Introductory Offer of up to $350** in value! 
Select Image

Ways to Bank


​Here at Alterna Bank, we know business owners are always on the move and need to be able to access their banking conveniently and seamlessly. 

​So whether you're doing your banking at your place of business, on the go, or at home, we make sure you can log in on just about any device. How's that for convenient business banking?

Select Image
 
 

Discover The Good in Banking™

Good is freedom.  At Alterna, our fully digital Small Business Banking Solution lets you focus on your business, not your banking.

​Good is hassle-free. Joining is fast and easy and that's just the beginning. From your mobile device or online you have access to Alterna Bank 24/7.

Good is value. Our day-to-day account is $5 a month or free with a minimum monthly balance of $3000.

Good is knowing you. We have a long-standing history of supporting small businesses and entrepreneurs thorugh our award-winning Micro-Finance program.

Good is innovation. We're proud to partner with leading-edge fintech companies who bring expertise in account opening and integrated transactions.

Good is promise. We promise to keep innovating, to play fair and to be the champion of small business everywhere.

Select Image
 

​​Call Us

Do you have a question? We’d love to hear from you.

Select Image

FAQ's

Got questions? We’ve got answers!

Select Image

 

* Alterna Bank Small Business Banking introductory offer, is an exclusive offer for net-new Alterna Bank customers. Potential savings of $380 consists of: $30 for 6 months no monthly fee banking^ and $350 for payments processing solution**

**©2021 Global Payments Inc. All rights reserved. Offer valid until December 31, 2021 and is only available to Alterna Bank members in Canada who are net-new Global Payments customers. Merchant Portal and Analytics will be available at no cost for a period of one (1) year. Qualifying Alterna Bank Customers save up to $350 on Payment Solutions from Global Payments: FREE point-of-sale (POS) terminal rental for the first three (3) months or SAVE on a terminal purchase (save up to $150 per device); FREE Global Payments Merchant Portal and Analytics reporting ($200 savings). CS Alterna Bank operates as Alterna Bank. CS Alterna Bank is a member of Canada Deposit Insurance Corporation (CDIC).

^ no monthly fee with a minimum daily closing balance of $3,000 throughout the month ($5 monthly fee if minimum balance is not maintained)​. Fees apply for account closed within 90 days of opening. 

Please refer Alterna Bank Business Fee Schedule for a detailed listing of account features and fees.

CS Alterna Bank operates as Alterna Bank. CS Alterna Bank is a member of Canada Deposit Insurance Corporation (CDIC).

Select Icon

 

CS Alterna Bank is a member of Canada Deposit Insurance Corporation (CDIC). For more information, watch video.