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Loans and Lines of Credit


Juggling life while managing your finances can be hard. A Libro Coach can help with a personal loan to set you on the right track to maximize the correct use of a loan or line of credit. 

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With our repayment options, you can drive off in your dream car! We offer 6 and 7 year vehicle loans for new or nearly new vehicles.

Large Purchase

Whether you're planning for a wedding, or want to buy a boat or ATV for leisure enjoyment, we can help.

Debt Consolidation

Simplify your finances by combining all your debts into a single loan payment each month.

Lines of Credit

Home Improvement

Looking to renovate your home? You can achieve your goals with a home equity line of credit. Find out more

Emergency Fund

This type of line of credit allows you to access a large sum of money when you need it for unexpected expenses.

Student Borrowing

A student line of credit allows a student to pay for expenses related to their post-secondary education. Find out more

Process for getting a loan or line of credit

Meet with a Coach in person or virtually to complete your application.

Once approved, come into a branch to sign documents with a Coach.

Access your new loan or line of credit funds once processed.

Tools & Resources


Use our easy online calculator to see your loan payment options.


Take advantage of our competitive loan rates.

Frequently Asked Questions

A Loan will have set repayment terms and payments- eg-will be $10000.00 loan will be set up with a 5 year term and a $200.00 payment – they are open and payable at any time with no penalty and they are not re advanceable. A Line of Credit however is approved with a limit for a specified amount eg. 10000.00 limit- it can be used and paid with no restrictions. Payments are generally interest only, which make them very affordable. A line of Credit can be open and active for many years as long as it has been kept in good standing (works like a credit card).

A secured loan or mortgage would be secured with property or assets. For a mortgage, we would use the home as the security. For a car loan, we would use the car. If it was cash secured, we would use cash. Unsecured means we are lending on your signature and past credit history.

Owners would need to book an appointment with a Personal Banking Specialist to take an application, once approved owners would then sign and either pick up a cheque, or have cheque directed depending on what they were purchasing.

Once the Line of Credit has been approved, the owner would sign documents, then the Line of credit would be become available for self-serve use. This is normally attached to a chequing account for easy access.

Contact Us

Upon receiving your information, a Libro Coach will contact you within two business days. Your privacy and trust are important to us. We will use and protect your information in accordance with our privacy policy.