Special Loan Fund

We offer unbiased access to capital, and tailored advice on business banking solutions that are designed specifically for women business owners and leaders who are actively involved in the operations.

Key features*

Loan amount

SME Clients:  access loans of up to $50 million within the three-year fund cycle

Corporate and Commercial Clients:   access loans of up to $350 million

Rate

Special rate of 8%*

Special

50% reduction of Commitment and Application Fees


Eligibility Criteria

Applicants must be women-owned */or women-led* business 

Company

Sole Trader

Partnerships

Incorporated companies, corporations or co-operatives

All entrepreneurs creating value and driving economic growth

Operational

Woman owned: minimum shareholding of 20% with a woman who is  active in the business.

Woman-led: having an executive/decision maker who is active in the business and/or a director (as per business registration).

In operation for a minimum of 3 years.

Financial

Must have good credit history.

Rates applicable until December 31, 2025

*Conditions apply.


The Scotiabank Women Initiative is created to support women in business financially.