1 The prime rate shown is 2.45% and is as of March 31, 2020. For current interest rates, please visit b2bbank.com. The annual percentage rate (APR) is the same as the posted rate and is based on a 10-year term and assuming the rate does not change for the duration of the loan. The APR is a variable rate and all rates are subject to change without notice.
2 Clients can defer their first payment for up to 180 days on all RSP loans. If a deferral payment option is selected, the first payment is due on the first payment date after the expiration of the deferral period. The interest accrues from the date of funding and extends the term of the loan by the length of deferral.
*3 Occasionally, B2B Bank may request POI/POA on certain applications. Subject to dealer requirements.
B2B Bank acts in the capacity of lender and/or account administrator, and does not provide investment advice. Dealers, advisors and brokers, not B2B Bank, are responsible for determining the suitability of products and services for their clients and for informing them of any related risks. Any loan approval by B2B Bank should not be construed as an endorsement of any investment choice, program, or strategy. All loans are subject to credit approval and borrowed monies are due and payable regardless of the performance of the investments. While RSP loans have the ability to magnify gains, they also have the potential to magnify market losses. B2B Bank reserves the right to request additional information or documentation at its sole discretion. B2B Bank products and services are only available through financial intermediaries. B2B Bank Dealer Services includes B2B Bank Financial Services Inc. (an MFDA member), B2B Bank Securities Services Inc. (an IIROC member, Member - Canadian Investor Protection Fund) and B2B Bank Intermediary Services Inc. (an AMF-regulated dealer operating in Quebec). B2B Bank is a trade-mark used under license.