1. What are the benefits of obtaining a TFSA loan from B2B Bank?

B2B Bank's TFSA Loan Program allows your clients to borrow money for a current lump-sum contribution within a TFSA, which can allow them to grow their investments on a tax-free basis today. Other benefits include:

Simplified pricing

Pricing is based on the term selected, not the loan amount.

No penalties

All or part of a loan can be repaid at any time without penalty.

Flexible terms

Variable rate loan with a term between one and ten years.

Choice of program

Choose between our Standard loan program (with B2B Bank Dealer Services) or DAP (with various dealers or manufacturers)
2. What is the minimum TFSA loan amount that may be requested?

A $5,000 minimum applies across all terms.

3. Can I request a TFSA loan amount greater than the lifetime contribution limit?

Yes, loans greater than the lifetime contribution limit, will be assessed based on B2B Bank’s credit qualification criteria. Loans greater than B2B Bank's maximum loan size will be assessed based on B2B Bank’s credit qualification criteria, at the sole discretion of B2B Bank.

4. What loan payment options are available for TFSA loans?

All TFSA loan payments are a blend of principal and interest. Applicants may choose to have their monthly payments automatically withdrawn from their bank account on any date between the 1st and the 28th of the month. The first payment is due on the first payment date following the advance of the TFSA loan.

5. Is there a deferral option with TFSA loans?

There is no deferral option available for B2B Bank TFSA Loans.

6. Are there any fees associated with TFSA loans?

There are no annual or administration fees associated with our TFSA loans. However, should an attempted loan payment come back as NSF (‘Non-sufficient funds’) from the client’s bank account, there will be a $50 NSF fee applied by B2B Bank.

7. How can I apply for a TFSA loan?

We recommend using our online EASE loan application. Our Electronic Application Submission Entry system allows you to quickly and easily enter, save, print and submit TFSA loan applications on behalf of your clients. Access EASE at

You may also complete a PDF loan applicationIn both cases, B2B Bank requires the original signed application to be sent in as follows:

Fax application to:
Attn: B2B Bank Investment Lending
Fax: 1‑866‑941‑7711


Mail original documentation to:
B2B Bank Investment Lending
199 Bay Street, Suite 600
PO Box 279 STN Commerce Court
Toronto ON  M5L 0A2.

8. In addition to the TFSA loan application are there any other documents that B2B Bank requires?

Yes, in all cases, B2B Bank requires a void cheque from the borrower's personal chequing account from which to withdraw the loan payments. Other supporting documentation may include:

  • Letter of Direction (included with the loan application). This form is required if paying out a TFSA loan at another financial institution.
  • Proof of assets upon request.
  • Proof of income for loan amounts greater than $20,000 or for loans with a term longer than 2 years:
    • Salaried income: recent pay stub or Notice of Assessment.
    • Commissioned income: last 2 years’ Notice of Assessment.
    • Self-employed income: last 2 years’ Notice of Assessment and Financial Statements.
9. Where can I find more information on TFSA loans offered by B2B Bank?

Advisors interested in or currently doing business with B2B Bank for TFSA loans can visit for more information, tools, forms and resources. Existing or prospective clients can visit for information on the potential benefits of choosing a TFSA loan within their overall financial plan. If you would like more information on any aspect of B2B Bank's TFSA Loan Program, simply call one of our Client Service Representatives at 1‑800‑263‑8349. We're here to help you get the answers you need. Our Client Service Representatives would be happy to assist you Monday to Friday from 8 a.m. to 8 p.m. ET.

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Loan relief

Can my client pay off their loan at any time?

Yes, B2B Bank Investment, RSP and TFSA Loans are open loans, which means they are payable at any time without penalty.

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