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Small Business

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.

Small Business eChequing Account^

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

Small Business Loans and Lines of Credit

Alterna Bank, in partnership with Driven, 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^

​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.

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?

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.

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Call Us

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

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FAQ's

Got questions? We’ve got answers!

^ 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).

We are here for you.

Welcome to client centered banking and award-winning service, products and total transparency that truly puts the good in banking.
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