Canada Emergency Business Account

Welcome to Affinity Credit Union's application for the Canada Emergency Business Account

The new Canada Emergency Business Account (CEBA) provides up to $40,000 to small businesses and not-for-profits as an interest-free loan. The intention of this loan is to help you cover your operating costs during a period where revenue could be reduced.

As per the Government of Canada’s requirements, you will qualify for this account if you meet the following parameters:

You have an existing Affinity Credit Union business deposit account opened prior to March 1, 2020 and utilize it as your primary operating account
Your business has been a registered and operational business since on or before March 1, 2020
Your payroll expenses are between $20,000 and $1.5 million annually
You agree to use funds from this loan to pay for operating costs that cannot be deferred, such as payroll, rent, utilities, insurance, debt payments and property tax

As your trusted financial partner, we’re here for you. Your financial wellbeing is our top priority and we’re committed to providing flexible solutions to help you through this challenging time.

Application Amount Please enter an amount up to $40,000

Business

I have the ability and authority to bind the organization

The organization is an operating organization (i.e. not a holding company) in operation on March 1, 2020

Legal Business Name

Business Member Number (with Affinity)

Street Address Line 1

Street Address Line 2 (Optional)

City

Province

Postal Code

Industry (Type in the Field Below to Search for Your Industry)

Employment income reported in Box 14 and Box 71 of the organization’s 2019 T4 Summary of Remuneration Paid (T4SUM)

The organization's Canada Revenue Agency Business Number (15 digits), as reported at the top of the Organization's 2019 T4SUM

Personal

Job Title

First Name

Last Name

Contact Phone Number

Work Email Address

Upload a copy of your T4SUM