Three people dressed in factory work clothes stand at a conveyor belt cleaning tomatoes.

FOOD PROCESSING

Customized financing for your reality.

Get the support you need to purchase equipment that improves your processes, increases your productivity and stimulates the growth of your business.

Talk to an expert

Enjoy an experience that matches your ambitions.

Get support every step of the way

Account managers who care about the success of your plans and are available throughout the entire investment cycle, including the post-implementation follow-up.

Gain reassuring expertise

A team recognized for its banking expertise and capable of advising you on the proper financing structure for your goals.

Save time with our powerful tools

Account managers who understand your deadlines and have the tools and resources to act quickly.

Financing solutions.

Whether you want to add a new product line, expand your operations, acquire an existing business, buy a new property or purchase the latest equipment, we offer short-term and long-term financing solutions tailored to your needs.

Short-term financing.

Line of credit

  • Finance Canadian or foreign accounts receivable

  • Acquire inventory financing

  • Increase working capital

Long-term financing.

Term loan to purchase equipment

  • Replace or modernize equipment

  • Implement new technology to improve productivity

  • Finance up to 100% of equipment cost

Revolving credit on capital assets

  • Access equity in your assets at your convenience

  • Increase flexibility for cash flow fluctuations

Equity loan

  • Acquire competitors

  • Establish succession financing

  • Withdraw equity

Term loan to acquire real estate or land

  • Purchase real estate for an expansion or relocation

  • Buy land for a new building

Term loan for leasehold improvements

  • Modernize facilities

  • Renovate existing facilities for an expansion or to meet quality standards such as HACCP, GFSI, SQF.

Well-regulated financing solutions.

In the middle of a large pile of tomato crates, a man stands smiling.

About the conditions.

The conditions that apply to each solution will depend on its use. For the main solutions, fees will be determined based on the value of your collateral, the financial health of your business and its growth potential. Your capital, meanwhile, will be reimbursed based on a term related to the useful life of the assets you acquire.

Standing in a factory, two women smile while sorting packaged food.

Count on our commitment.

At Laurentian Bank, we know that working in the food processing industry is an exciting challenge. That’s why we pride ourselves on being a reliable and committed partner to support you with the right tools and advice. Together, let’s build the future of your business.

Contact our team.

Éric Scalzo headshot.

Éric Scalzo

Senior Manager

438-925-3337

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Patrick Leblanc headshot.

Patrick Leblanc

Senior Account Manager

438-404-4888

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