Enjoy financial flexibility for your business

It takes a lot of time and effort to manage your business, and we know having the right tools is important. Creating financial flexibility with a secured line of credit or commercial mortgage can help you manage cash flow, save on interest and grow your business – on your own terms.

With Manulife One for Business, you can:

  • Access the equity in your commercial property at any time 
  • Free up cash flow by choosing payments that work for you
  • Save thousands of dollars in interest
  • Simplify your bookkeeping by reducing the number of accounts you need to keep track of
  • Become debt-free sooner by using your business income and savings to reduce your outstanding balance

Is Manulife One for Business right for you?

Yes, if you have:

  • Been in business for at least three years
  • Managed your investment property for at least three years
  • Kept your income taxes up-to-date and maintained a good credit history
  • A multi-residential property, office building, condo, retail plaza or light industrial building
  • A need for a loan between $250,000 and $5,000,000
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See if your building qualifies:

Type of property
Eligible for Manulife One for Business Not eligible for Manulife One for Business
  • Office building
  • Retail plaza, strip mall, shopping centre
  • Light industrial
  • Multi-residential property (single title with 5 or more units)
  • Environmentally sensitive business (gas station, auto shop, dry cleaner)
  • Single use/hospitality (parking lot, self-storage, car dealership, movie theatre, hotel, restaurant, bar, golf course)
  • Medium or heavy industry (mining, manufacturing, agriculture)
  • Real estate development (property under construction, speculative property, vacant land, leased land)
  • Not-for-profit organizations
Property location
Alberta Calgary
Fort McMurray
Grande Prairie
Medicine Hat
Red Deer
British Columbia Abbotsford
Prince George
Vancouver (greater area)
Manitoba Brandon
New Brunswick Fredericton
Saint John
Newfoundland St. John's
Nova Scotia Halifax
Ontario Barrie
North Bay
St. Catherines/Niagara
Toronto (GTA)


Ottawa - Gatineau
Québec City

Prince Edward Island Charlottetown
Saskatchewan Regina

Your primary Manulife One for Business account is a secured line of credit with a variable interest rate. You use – and repay – the money on your own terms. If you need some cash for things like day to day expenses or major purchases, you use it and then repay it when your income comes in. It’s just that simple.

If you prefer to lock in some of your borrowings, you can create up to five sub-accounts within your primary Manulife One for Business account.

What are sub-accounts?

Sub-accounts are smaller fixed term commercial mortgages (fixed interest rate or variable interest rate) within your primary account. You have flexibility to choose the features for each commercial mortgage sub account that work best for your business, such as the dollar amount, payment frequency and number of years.

Main and sub-account overview
  Loan to value %
Property value $1,000,000  
Main account (credit line) $500,000 50%
Amortizing sub-account $150,000 15%
TOTAL LOAN $650,000 65%

Compare Manulife One for Business vs. a traditional commercial mortgage

Manulife One vs. Traditional commercial mortgages
Services Traditional commercial mortgage Manulife One for Business
Access to credit limit
  • Full amount paid in a one-time lump sum
  • One term with the same interest rate
  • Access money at different times when you need it
  • Line of credit with the option to create fixed rate, fixed term sub accounts
Principal repayment
  • Must start making  principal and interest payments immediately
  • Cannot re-borrow money as the balance is paid off
  • Pay down principal on your own terms
  • Option to make interest-only payments
  • Re-borrow your principal as you need it
Prepayment privileges (fixed term and fixed rate)
  • Usually not available
  • Repay your line of credit balance at any time, without penalty
  • Option to repay up to 20% of the fixed rate, fixed term sub accounts each year without penalty
All-in-one banking and mortgage account privileges
  • Not available
  • Combined business lending and chequing account
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Don't take our word for it.

See what business owners are saying.

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3 key things a business owner needs to know

Learn how you can access your equity, alleviate cash flow pressure and save on interest with Canada's most flexible commercial mortgage for owner-occupied 

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3 things an investment property owner needs in a mortgage

A flexible repayment plan, access to equity, and the opportunity to save on interest, see how with Manulife One for Business you can have it all.

You can borrow up to 65% of the commercial property value (defined as lower of property value and purchase price).

The credit line has no fixed amortization and paying interest monthly is acceptable. The sub account requires monthly payments of principal plus interest.

No. We’ll work with you directly to determine what makes the most sense for your business.

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