The Refinace Meter shows how likely you are to receive a loan from this financial institution. It assumes that you don’t have the money to repay the loan and have an average credit score.
If you don't have the funds to repay the CEBA loan by December 31, 2023, to qualify for the loan forgiveness, Canadian Imperial Bank of Commerce (CIBC) will consider extending a business loan to customers that meet their credit criteria.
If you do not qualify for financing and still would like to take advantage of the loan forgiveness of up to $20,000, click here to understand your options.
Use CIBC Online Banking for Business to make CEBA loan payments, selecting the loan and amount for repayment.
Visit a CIBC Banking Centre and speak with an advisor to make loan payments in person.