Business and Commercial Services
With technical advances, business owners can access their accounts conveniently wherever their business takes through our many online applications. We also offer personal one-on-one consultation with qualified professionals. Horizon Credit Union has great products and services that you need to own and operate your business. Our products and services are affordable and convenient so if you are considering saving money and gaining convenient access to your accounts and account manager, look to Horizon Credit Union.
In addition to special priced package chequing accounts, loans, savings and investments to meet individual business needs, we also provide services to assist you in your business such as:
U.S. DOLLAR MAXIMIZER (Interest Bearing Chequing) for members who need to trade in US funds.
Night Deposit Service To assist you in reducing your risk our night deposit allows you to drop in cheques and cash for deposit after hours to reduce the risk to you of keeping them at your site. The next day our staff will make the deposit to your account.
Customer Automated Funds Transfers (CAFT) – provides you an easy way to originate pre-authorized debits and direct deposit transactions for your business such as:
- Payroll for your employees
- Accounts payables and receivables
- Utility bills
- Property and business taxes
- Membership fees
- Rent payments.
Just contact any of our branches and our professionals will provide you with all the information to get you started.
Electronic Processing Merchant Terminals – Our payment processing solutions are cost effective and efficient solution for your business to receive payment for MasterCard, Visa, American Express, Interac Direct Payment, and provides flexible deposit options that allow you to deposit credit card and debit card transactions into a single account or into multiple accounts.
For Merchant Agreements and Terminals contact Horizon Credit Union at Melville, Grayson, Neudorf, Grenfell or Wolseley or call us at 306-728-5425.
Commercial and Small Business Loans, Mortgages and Leasing: Every business is unique and requires different financial structures. That is why Horizon Credit Union has many different loan and lease options available to your business:
- Operating lines of credit
- Commercial term loans
- Commercial mortgages
- Dealer Finance
Our professional lending staff work with you on an individual basis, providing practical information and tools to design loans or leases that meet your business needs, including business loans offered under The Small Business Loans Act (SBLA).
Loan and Credit Insurance Life is unpredictable. Horizon Credit Union is committed to putting you first, we want to protect you and your family. We have credit insurance options that are designed to provide you and your family complete financial protection.
- Disability and Life Insurance
- Group Mortgage Protection
- Member Term Life Insurance.
- Line of Credit/Quick Loan Coverage
Wealth Management services: The team of professionals in our Wealth Management department help you achieve financial goals at every stage of your financial life cycle. This starts with building assets, protecting what you have built, assisting you with investment options as you go, planning for retirement and even transferring assets to beneficiaries through effective estate planning for your business and yourself.
Contact us for any of your business and commercial financial needs: Click here to find us.
For a copy of the terms & conditions of a Horizon Credit Union business account, please click here: Terms & Conditions – Business
We offer farmers and ranchers special accounts with convenient delivery to meet the day to day financial operations requirements. Our technology allows farmers and ranchers easy access to their accounts from wherever they are through our many online access applications. We help with education and planning to meet your long term goals. If it is investing, borrowing money for your operation, succession or other financial planning issues, Horizon Credit Union is here to lend a helping hand.
To assist in meeting your agricultural needs, Horizon Credit Union provides the following services:
Farm & Business Accounts
Click here to view our account options.
Horizon Credit Union offers a full line of card convenience for Ag Business. Our MemberCard debits your account direct so no worry about a monthly bill. You can also choose from a family of MasterCard Credit Cards that best suit your business.
Today’s world offers many types of investment. Each type of investment provides different opportunity to grow, earn income, and has different tax consequences. Horizon Credit Union offers many types of investments for both registered and non-registered investments to meet individual and agriculture business owner financial goals.
An AgriInvest Account helps producers manage small income declines. Each year, producers can make a deposit into an AgriInvest account and receive a matching contribution from federal and provincial governments. Producers have the flexibility to withdraw the funds at any time to cover small margin declines or for risk mitigation and other investments.
AgriInvest is part of the Growing Forward suite of federal-provincial-territorial Business Risk Management programs. Growing Forward is a commitment to Canada’s agriculture sector that’s focused on achieving results, reflects input from across the sector, and delivers programs that are simple, more effective and tailored to local needs.
To learn more about AgriInvest, visit the program website at www.agr.gc.ca/agriinvest, call AAFC toll free at 1-866-367-8506, or inquire at any Horizon Credit Union Branch at Melville, Grayson, Grenfell, Neudorf or Wolseley.
Loans and Leasing
Everyone has different needs and financial strategies for their farm or ranch. Each farm or ranch operation requires a different financial structure. That is why Horizon Credit Union has many different loan or lease options available to you. Our professional lending staff work with you on an individual basis, providing practical information and tools to design loans especially to meet the needs for your operation. For operating funds or if you are expanding your farm or ranch, Horizon Credit Union offers a variety of loan and lease options, farm mortgages and loans under the The Farm Improvement and Marketing Co-operatives Loans Act (FIMCLA).
FIMCLA increases the availability of credit to farming operations and farmer-owned marketing co-operatives to improve farm assets and strengthen production and financial stability. It encourages the provision of intermediate term debt to farmers for the improvement and development of their farming business in order to maintain an efficient agriculture production capability. Individuals, partnerships, corporations or co-operative associations actively engaged in farming and operating the farm as a business with the intent to making a profit are eligible to apply.
Wealth Management Services
The team of professionals in our Wealth Management department help you achieve financial goals at every stage of your financial life cycle. This starts with building assets, protecting what you have built, planning for retirement and even transferring assets to beneficiaries through effective estate planning.
With the convenience of electronic access to your accounts or our personal service branch locations at Melville, Grayson, Grenfell, Neudorf and Wolseley, having Horizon Credit Union as your financial institution makes good sense.