Reach your financial goals with a Small Business Advisor

CFIB members can receive discounts and savings on select banking products and services based on their unique banking needs. This includes:

• Minimum monthly fee waived on the Right Size Account for business
• Monthly maintenance fee waived on the Basic Business Account (CDN & USD)
• 20% off the monthly fee on the Select Account for business (Both Small Business and Commercial)
• 20% off a Scotia One Account Plan¹ for agriculture
• Take advantage of the Agricultural Switch Incentive Program to reimburse legal/appraisal costs of up to 0.5% of new funds or global limit to a maximum of $5,000 on the following products:
  • Scotia Farm Mortgage Loan
  • Scotia Farm Legacy Mortgage
  • Scotia Flex^® for Agriculture
• Reduced setup fees for all business term loans and credit lines
• 0.25% interest rate discount up to Prime on select variable rate term loans, including Term Loan for business, Term Loan for business under the CSBFA program, or a Term Loan for agriculture

(Exclusions apply)

• Annual fee waived for the first year for up to two cards on the Scotiabank Visa Business Card (for commercial clients)

¹Not applicable to government guaranteed loans under CSBFA and FIMCLA. Subject to credit approval and security provided. Interest charges apply. ²A business account at Scotiabank is required. Subject to credit approval and security must be provided. Interest charges apply. ³Subject to credit approval and security must be provided. Interest charges apply. For credit lines, a business account at Scotiabank is required. Not applicable to government guaranteed loans under CSBFA and FIMCLA. Final rates cannot be below Scotiabank Prime. Prime rate subject to change. ⁴Scotiabank Prime refers to the Prime Lending Rate of The Bank of Nova Scotia as published from time to time. Scotiabank Prime Rate as of September 7, 2017 is 3.20% and is subject to change. ⁵Subject to credit approval and security provided. Interest charges apply. After 6 months, the interest rate will increase to the prevailing interest rate (as low as prime +2.49%, on an unsecured basis, effective November 1, 2013), less the 0.50% CFIB discount. Subject to change. ⁶Subject to credit approval and security provided. Interest charges apply. ⁷Subject to meeting Scotiabank and its insurers’ lending criteria. Minimum 1% discount is in comparison to regular posted rates, applies only to 5 and 7-year terms and cannot be combined with any special offer. Offer may vary without notice. ⁸Credit products are subject to credit approval and security provided (if applicable). Interest charges apply to them. For GICs the interest rate is compounded annually and paid annually or at maturity. The GIC bonus cannot be combined with any other offer including special rate offers and is only available on 1 year Cashable GICs and non-redeemable GICs with terms of 1 to 5 years with a $1,000 minimum investment. This GIC offer may be discontinued at any time without notice (excluding RESPs). ⁹ Businesses with annual revenue over $15,000,000 or with borrowing needs over $500,000 are defined as commercial banking clients by Scotiabank. ScotiaConnect® is available to commercial banking clients, but the 20% discount does not apply. For commercial banking, pricing on these products varies per business and is negotiated on a case by case basis. Commercial banking clients should contact their relationship manager.