Borrowing

Whether you need to acquire new property, expand current facilities, refinance existing debt, purchase equipment or assistance with working capital needs, our commercial lending team is available to help you with your commercial financial needs.  At Motor City we know that every business is different and so are its financing requirements. Let us tailor a financing solution to meet your needs.

Motor City's Commercial Lending team offers over 50 years of combined local lending experience in all facets including manufacturing, construction and service.  Our Commercial Account Managers, situated locally, understand the needs of local business owners.  We pride ourselves on flexible lending policies and responsive service.

  • Michael Powis
  • Steve Schincariol
  • Fabio Cesca
  • Jim Calder

MOTOR CITY COMMUNITY CREDIT UNION IN WINDSOR SCORES A FIRST FOR CREDIT UNIONS IN THE PROVINCE OF ONTARIO.

Motor City Community Credit Union in Windsor is proud to advise that Export Development Company (EDC) has approved them as a qualified Lender under their Loan Guarantee Program.   Motor City is the first Credit Union in the province to actually complete and sign onto the EGP program and the second Credit Union in the province to be awarded this status.

Export Development Canada (commonly known as EDC) is an arm of the Federal Government which provides a wide range of products and services to help companies expand into foreign markets. The most common product is the insurance (up to 90%) of foreign accounts receivable which is available to companies and assigned to the Lender.  EDC however, provides other products such as loan guarantees to the Lender which mitigates risk.  Under these circumstances, the Lender must qualify for approval from EDC as an acceptable Commercial Lender. Part of the approval process by EDC includes the financial strength of the Credit Union, current Commercial Lending Policies in place and the experience of the Commercial Lenders.

Motor City Community Credit Union in Windsor is proud of this achievement as the second Credit Union in the province to be awarded this status and the first to actual complete and sign onto the EGP program in the Province of Ontario!!!

 

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