Loans for RRSPS, TFSAS And Investments

SSQ Financial Group offers loan programs for investment in RRSPs, TFSAs or Non-Registered Savings Plans (NRSPs) with various reputable lending institutions like:

  • B2B Bank
  • SSQ

RRSP Loans

An RRSP loan means borrowing money to invest in an RRSP. Such a loan enables your clients to maximize the benefits of RRSPs and increase their savings for retirement.

RRSP Loan - B2B Bank


Whatever your clients' situation, the RRSP loan from B2B Bank offers a solution to meet their needs.

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SSQ RRSP Loan

Amount of Loan

  • Minimum: $2,000
  • Maximum: $50,000

Term

The repayment period must not exceed the next whole number following the amount of the loan divided by $2,000.

For example, the repayment period on a $6,500 loan must not exceed 4 years.

$6,500 / $2,000 = 3.25, or 4 years maximum.

Repayment

The loan is repaid by monthly pre-authorized debit payments.

There is no penalty if the loan is repaid in full or in part at any time.

 

Deferred Initial Payment

Your clients may choose to defer their initial payment up to:

  • 3 months (minimum repayment period of one year)
  • 6 months (minimum repayment period of 2 years)

Interest Rate

Repayment period Variable rate
3 and 6 months Prime rate + 1.25%
12 and 24 months Prime rate + 1.25%
3 to 5 years Prime rate + 2.25%
6 to 10 years Prime rate + 3.25%

Learn More

SSQ RRSP Loan program overview (PDF, 426 kB)

TFSA Loan

With a TFSA loan, you can build a savings strategy for your clients, whether it's for retirement or another project they hold dear.

TFSA Loan - B2B Bank


With B2B Bank's TFSA Loan Program, your clients can reap all the benefits of a TFSA, including tax-free savings.

Learn more

Investment Loan

The investment loan is a strategy that uses the concept of leverage effect. Leverage effect consists of borrowing money to invest and thus earn a return on the amount borrowed from financial institutions.

Investment Loan - B2B Bank


B2B Bank developed an investment loan program to help you address the needs of your clients.

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SSQ Investment Loan

Loan Options

  • 100% loan (without an initial capital amount)
  • 3 for 1 loan, where the client must invest an amount equal to one third of the borrowed amount

Amount of Loan

  • 100% Loan: from $10,000 to $100,000
    Loans of $75,000 to $100,000 are only permitted for investment in SSQ Equity GIA
  • 3 for 1 loan: from $10,000 to $150,000

Repayment

The loan is repaid by monthly pre-authorized debit payments.

Your client may decide to repay the interest only or the capital and interest.

Interest Rate

Amount of loan 100 % Loan 3 for 1 Loan
$10,000 to $24,999 Prime rate + 2.25% Prime rate + 1.75%
$25,000 to $100,000 Prime rate + 2% Prime rate + 1.5%
$100,000 to $150,000 Not available Prime rate + 1.5%

Learn More

SSQ Investment loan program (PDF, 157 kB)

Contact us

Quebec 1-888-292-8483 sales.insinv.qc@ssq.ca
Ontario, Western and Atlantic Canada 1-888-429-2543 sales.insinv@ssq.ca