Companies at all stages may need access to financing – whether they’re paying start-up costs, keeping cash flowing, investing in growth, or retirement planning. Manulife Bank can provide you with qualified guidance and innovative lending solutions:
- Immediate Financing Arrangement (IFA): The IFA facilitates the replacement of life insurance premiums, once they are paid from the client’s own resources. Clients can borrow against these premiums or the cash surrender value of the policy (plus additional collateral as required). This lets clients leverage their policy to invest in their business, real estate, or other investments,
- Access Line of Credit Plus (ALOC+): use a life insurance policy issued by an approved carrier* or Manulife mutual funds, segregated fund contracts and GIAs to secure a line of credit.
To discuss lending strategies and cash flow solutions, contact your advisor today.
* Manulife permanent life insurance plans with a cash surrender value; or whole life insurance with a cash surrender value from BMO Life, Canada Life, Empire Life, Equitable Life, Great West Life, Industrial Alliance, Ivari, London Life, RBC Insurance, or Sun Life.