Refinance Meter
Rating: 5 out of 5
The Refinance Meter shows how likely you are to get a loan from this financial institution to repay your CEBA balance. It assumes you don't have the cash to repay the loan yourself. A lower rating means you should compare other lenders too.
How to repay this lender's CEBA loan: The Merchant Growth “CEBA Refi” program has been created to enable eligible CEBA applicants to take advantage of their CEBA loan repayment forgiveness offered by the government.
Much like a business loan, we forward cash to your business up-front, and a daily or weekly payment is made automatically to repay the balance over the following twelve months.
With a fixed repayment on the Merchant Growth loan, small businesses benefit from a lower interest cost (compared to the federal government interest paid over the 3yrs) and enables owners to benefit from the CEBA loan forgiveness program.
The Merchant Growth “CEBA Refi” program has been created to enable eligible CEBA applicants to take advantage of their CEBA loan repayment forgiveness offered by the government.