Skip to main content
Man in brewery checking banking on iPad


Whether you need to acquire new property, expand current facilities, refinance existing debt, purchase equipment, or assistance with working capital, our team is here to develop a flexible solution for your business needs, because we know that every business is different.

Business with Dollar Sign

New Property

Renting vs. buying is a crucial consideration for business owners. We can help businesses build for long-term financial health

Business with Dollar Sign


Growth and expansion can be key goals for business owners and entrepreneurs. Let us help you grow your business to the next level

Two coins in rotation for refinance


Just like a home mortgage, refinancing can increase your cash flow, consolidate debt, leverage the equity to add assets or expand your operations

Hand Holding Money

Make a Purchase

Loans to purchase new or used equipment, so you can expand and modernize operations, and replace out-of-date machinery


Canadian Emergency Business Account (CEBA)

Click here for more information about the CEBA Loan




Steve Schincariol

Vice President, Commercial Operations

Fabio Cesca


Shawn Knowles


Ben Nardone


Lorie Parent


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


Term Loans

Whether your company is purchasing new or used equipment, refinancing an existing lease or simply looking at restructuring debt to generate working capital, we have a solution to meet your needs.



  • Competitive floating and fixed rate options
  • Terms from 1 to 5 years
  • Amortization up to 10 years
  • Flexible payment terms to meets your seasonal business cash flow
  • New equipment financing up to 100%
  • Used equipment financing up to 75%

Operating Lines of Credit

Competitive Operating Line of Credit to fit your growing business needs. The facility which is tied directly to the business chequing account allows the company to borrow only the exact funds needed and does not use a note rollover. This effectively reduces the interest cost to the borrower. Deposits posted to the business account, are applied 100% against the outstanding loan balance.

Available to help finance your accounts receivables and inventory assets, the Operating line of credit can be designed to cater to your exact requirements



  • AR financing from 75% - 90%
  • Inventory financing from 50%-75% of WIP
  • Inventory allowances up to 50% of the authorized Operating Line

Motor City is approved under the Export Development Corporation (EDC) loan guaranteed program, meaning loan structures can include EDC’s guaranteed support for up to 50% of the authorized line.


Commercial Mortgages

Businesses are encouraged to contact one of our experienced commercial lenders to structure a commercial mortgage which fits their specific needs and cash flow. Financing is available to help new property purchases, small and large expansion plans or restructuring debt under one payment.



  • Financing up to 70% of Purchase Price or Appraised value
  • Floating and fixed rate options
  • Terms from 1 to 5 years
  • Amortization up to 20 years
  • Pre-payment privileges may apply

Commercial Leasing

Motor City Community Credit Union through its association with Concentra Leasing (Financial) offers a full range of capital and operating leases to help finance equipment purchases. Whether the business is looking to conserve its working capital, managing its leverage or simply looking at an alternative to traditional term financing, a commercial lease might be the solution to fit your needs.



  • Flexible terms with regards to deposits and residual values
  • Terms up to 60 months
  • Competitive pricing
  • Quick turnaround

Letters of Credit

Letters of Credit can be made available to satisfy third parties requirements.

Terms can be specific to the transaction itself or renewed annually. If a drawdown occurs then funds are financed through a prearranged LOC. Security is required for the Letter of Credit and can include fixed assets, margined current assets or the assignment of a fixed priced contract.



  • Bonding (quoting) requirements

  • Importing goods or equipment from international countries

  • Maintenance or performance bonding requirements

  • Utilities or any municipal needs

  • Satisfaction of a fixed contract