• Expertise, planning tools, resources and referrals
• Interest only payments
• Refinancing and debt consolidation, loans, lines of credit
• Ability to accept digital payments. Learn more
• A team of local commercial experts dedicated to your success

• No holds on cheques at the ATM
• Increased ATM withdrawal limit to $750
• Temporary increase to contactless (tap) Interac debit transactions to $400
• Increased contactless credit card payments to $250 for grocery & pharmacies 
• Credit card payment deferrals up to 6 months. Call: 1 855.341.4643. Learn more.
• Extended Member Service Centre hours with local advisors ready to help

The coast’s business community has been impacted in an unprecedented way. Time to reassess and reset your business? Don’t know where to start? Reinvest in you with our resiliency program, powered by global business accelerator Spring Activator. We purchased this program for all Coast business owners and leaders, so it’s free for you to join!

Learn More

We are proud to announce up to $200,000 in non-repayable grants to coast businesses.  Meet the recipients!

Learn More

Connect with us. We’ll take the time to assess your situation and personalize solutions based on your needs.

**The Government of Canada has now closed CEBA loan applications**

As of December 4, 2020, CEBA loans for eligible businesses will increase from $40,000 to $60,000.Applicants who have received the $40,000 CEBA loan may apply for the $20,000 expansion, which provides eligible businesses with an additional $20,000 in financing.All applicants have until March 31, 2021, to apply for $60,000 CEBA loan or the $20,000 expansion. We are pleased to be able to assist our members in accessing CEBA. The application is now available through our online banking portal (not through the mobile app).

> Learn More and Assess your Eligibility

> Prepare and Apply Today:

• Confirm you are able to log into SCCU online banking
• (the applicant must be an authorized signer AND have the ability to bind the company)
• Confirm you have the 2019 Statement of Remuneration (T4SUM) for the business
• Confirm you have your 15 digit CRA business number (located on your T4SUM)
• Confirm your payroll expenses meet the requirements noted below (the sum of Box 14 and Box 71)
• For the Non-Deffrable Expense Stream, prepare to upload your documents to CEBA Government site after submitting your application: Bills / invoices / agreements that prove greater than $40,000 CAD in 2020 Eligible Non-Deferrable Expenses. Upload HERE.   

Once you have submitted your application, please expect an email within 1-2 business days, confirming that your application has been received and is in progress. Should all the qualification criteria be satisfied, you will receive a request from e-Sign to sign the loan document within 4-6 business days. The funds will be deposited to your account within 1 business day after we receive confirmation of signing.

Questions?  Please connect with us:  commerciallendingunit@sunshineccu.net or 604.740.2662.

Changes to CEWS allows eligible employers who had any drop in revenue to now qualify for the wage subsidy, starting with the claim periods that began July 5.  The subsidy rate varies, depending on how much your revenue dropped.  The wage subsidy does not renew automatically. Each period, you must confirm that you're eligible and calculate your amount according to that period's rules before you apply.

• Learn more, assess eligibility, apply

Credit solutions through the Business Development Bank of Canada (BDC) and Export Development Canada (EDC).

Your next steps

• Contact us to determine eligibility

Canada’s Economic Response Plan

Federal -Support for Canadian Small Businesses

Provincial Support for Canadian Small Businesses

Small Business BC Support for Small Business

COVID-19 Self Assessment and Health Resources

Information provided here is for convenience purposes only and does not constitute professional or legal advice. Details including eligibility requirements, your obligations and additional programs that may be available to you can be found on the official provincial and federal government websites.