Finding the leading British Columbia brands is a good option, whether you are looking for a business or home insurance plan. Looking for companies in your city would give you an idea of what to choose for your needs.
Lending Loop is one of the most popular British Columbia brands that offer business loans at a lower interest rate. The company has lent more than $70 million to small businesses. This loan provider offers an easy-to-use website where you can fill out an application and get a digital quote within minutes.
It is Canada's first peer-to-peer lending platform with a network of more than 11,000 active lenders. The company allows you to fill out a simple application online stating your company details. Lending Loop's credit team would analyze your application and determine the best products to offer. You can get a loan amount between $1,000 and $500,000, starting at an interest rate of 4.96%.
Getting the right financial partner is reasonably necessary. Coast Capital Savings is one of the leading British Columbia brands that offer banking services to the city's residents. It is one of the largest credit unions in Canada, with $25.2 billion in assets, along with 535,000 members. The bank has over 52 branches in the state of British Columbia.
In a credit union, the customers of the bank are its owners. Coast Capital offers all types of banking services, similar to a traditional bank. However, they do offer a few benefits to its members. You can save money on service fees, as you are a part-owner of the bank.
The bank also promises to build a better and brighter future for youths by investing a percentage of its profits.
Credit scores are vital when applying for a loan, credit card, or mortgage. You should be aware of your credit score to improve and maintain it over time. Borrowell is among the largest credit reporting brands in the country. This makes it one of the most popular British Columbia brands for reporting.
Subscribing to Borrowell allows you to receive alerts of all the fundamental changes that have taken place in your credit report. The platform also gives you access to a free bill tracking feature.
Apart from this, Borrowell also offers credit education. With the platform, you can learn how to protect your identity and navigate your credit in a global pandemic. It also helps you understand your credit scores and reports in detail.
Getting access to a good and reliable bank brand is crucial for the stability of your finances. These banks can also help you get a personal or a business loan in the future. EQ Bank is amongst the leading British Columbia brands established in 2016. It offers you a more innovative way to bank, providing you more value when compared with traditional banks.
EQ Bank offers a wide range of personal banking services, including investments, payments, and borrowing options. The platform also offers a highly rated mobile application. You can use this interactive and easy-to-use application to access all banking services.
Make your money do more.
Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.
As odd it may be, British Columbia does not require you to have home insurance. Yet, no homeowner would like to put their investments at risk by not getting home insurance. We also recommend the tenants get renter’s insurance to cover their belongings.
Driving without an insurance policy in British Columbia is an offence under the Motor Vehicle Act of Canada. At most, you’d get a ticket and be required to pay a fine. At worst, you could be personally accountable for all the damages from a motor car accident.
The average cost of a car insurance policy in British Columbia is $1,832 or about $150 every month. Rates dropped in May 2021 with the introduction of the no-fault insurance policy. Check with ICBC to get a new reduced rate if you haven’t.