The BC Small and Medium-Sized Business Recovery Grant program provides fully-funded grants to businesses to ensure they have the support they need during and beyond COVID-19.

Grants of $10,000 to $30,000 are available to small and medium-sized B.C. businesses impacted by COVID-19. An additional $5,000 to $15,000 grant is available to eligible tourism-related businesses.

The program runs until March 31, 2021, or until the funds are fully allocated, whichever comes first.

The first step is to apply for funding online.

Learn more about the program and eligibility here.

Making an RRSP contribution helps you save on taxes – you may even get a tax refund. But what happens if you don’t have enough money to make a contribution? Should you borrow through an RRSP loan? Read below to learn more.

How can an RRSP Catch Up Loan help me?

Putting away money for your RRSP can be difficult, especially if you’re dealing with bills, credit card debt, and other life commitments that don’t allow you the time or money to focus on your retirement goals. If you fear you will not be able to contribute to your RRSP this coming year, then the RRSP Catch Up loan is the option for you. It allows you to borrow money at low rates in order to keep contributing to your RRSP.* 

What are the benefits of a VantageOne RRSP Catch Up Loan?

Using an RRSP loan can be a powerful strategy to boost your RRSP contributions and build your retirement portfolio. The RRSP Catch Up Loan allows you to fill up this contribution room while reaping the rewards of the tax benefits. Plus, with VantageOne you get these extra benefits:

  • local approvals
  • competitive rates – check out our special offer below!
  • weekly, bi-weekly or monthly repayment terms
  • & more!

Current Rates*

  • • 1 year term loan insured – 2.25%*
  • • 1 year term loan uninsured – 2.45%*
  • • 2 – 5 year term loan insured – 2.69%*
  • • 2-5 year term loan uninsured – 2.99%*

*Rates are subject to change at any time without notice. Limited time offer.
Minimum $500 deposit. Terms and conditions apply, please ask us for further details.

Talk to one of our local experts to discuss all things retirement and how we can help you reach your goals! Contact us Contact Us

 

When filling out your Government Relief application, or any debit/credit to your account please make sure you input your full account number.
Your full account number is 9 or more digits your shorter member number is 5-7 digits.

What is my Full Account Number?
There are a few ways you can get your full account number:

1. Give us a call
Local calls: 250.545.9251
Toll free: 1.888.339.8328

2. Locate a Cheque
Your full account number will be the far number right on the chqeue, as noted below.

3. Hop Online and pull a Direct Deposit and Pre-Authorized Debit (PAD) Form
Log into online banking
From your account list in the middle of the screen click on the account you wish to use. Most members will use their Main chequing account (Maximizer) for this.
After you have clicked the account you will see a link at the top of the page “Direct Deposit and re-Authorized Debit (PAD) Form
Click this link to generate a form that will have your full account number!

Please note you do not need to include the leading zeros 008000123456 would be 8000123456