Why you should replace your commercial mortgage

If you own your advisor office space, you know how inflexible traditional commercial mortgages can be. Payment terms are fixed. Principal MUST be repaid. Try borrowing back principal you have already paid down!

Instead, what if you had a commercial mortgage that could help finance a new marketing initiative? Or buy a colleague's book of business? What if you had a commercial mortgage that could help you reduce interest costs?

With Manulife One for Business, you'll get:

Ready access to funds from a line of credit that helps you respond quickly to opportunities as they arise
Flexible repayment options so you can switch to interest-only payments or borrow back principal to ease cash flow pressure
The ability to save thousands of dollars in interest by paying down as much of your line as you want when cashflow is strong
Over $4,600 in incentives* for up to 3 years when you reserve your spot in our exclusive advisor promotion

If you don't own your advisor office – and you're not planning to buy one in the next 3 years – you can refer a client with a commercial property. We'll make it worth your while!

Did you know?

You don't have to be tied to fixed monthly principal payments. What if you're having a slow-income month and prefer not to make principal payments?
If you prefer fixed rates, you can diversify interest rate risk on your commercial mortgage. Ask about the option to ladder debt maturities over up to 5 different fixed terms


Plus – reserve your $4,600 in exclusive advisor incentives today!

Contracted advisor John Davis states, "As we have paid down the debt on the property, it opened up capital we were able to access very quickly to take advantage of an investment opportunity. That's when I realized the true power of this debt instrument."

* To be eligible for this incentive, you must register before November 27, 2015. In the event the Bank issues a Discussion Paper, the Bank will request half of the application fee; this fee will be refunded unless the advisor decides not to proceed. This incentive is subject to the general terms and operating agreement of your Manulife One for Business account. This incentive may change or be withdrawn at any time prior to registration, without notice. The account must be a new, first-ranking commercial mortgage, approved and funded with a minimum initial draw down of $100,000 by Manulife Bank. If the mortgage is discharged, refinanced or transferred from Manulife Bank within one (1) year of funding for any reason, you must first repay $2,200 of the incentive payment. Offer cannot be combined with any other bonus or offer. Other conditions may apply; visit m1business.ca/advisor

** Rates are as at July 20, 2015. Annual percentage rate (APR) is the total cost of borrowing provided as an annual percentage. Rates and fees are subject to change.

** As at July 20, 2015, Manulife Bank's Prime Rate is 2.70%. Assuming no change in Prime, the Annual Percentage Rate (APR) on the credit line is 3.45%. The APR is based on a one-year term with 12 regular monthly payments. Rates are variable and subject to change without notice.

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