We have created a simple and easy way to refinance your CEBA loan through Westoba, where you will keep your forgiveness and extend your payment period.  


If you are a CEBA borrower in good standing, you can apply to refinance easily with us before the CEBA deadline and receive the following benefits:  



  • Keep your forgiveness on the applicable financing. 
  • Opportunity to repay over a longer period to help minimize the impact to your cash flow.  
  • Repayment anytime, with no penalty.  
  • We are offering term length options of 3 years at 6.89%* or 5 years at 6.89%*.  


For example, you could save: 

CEBA Loan Balance

3-yr Term Net Benefit After Forgiveness**

5-yr Term Net Benefit After Forgiveness**

$40,000

$6,707.00

$4,451.17

$60,000

$15,609.33

$12,601.48

If you are interested in pre-qualification for refinancing with Westoba Credit Union, please enter your consent below before November 10, 2023. By doing so, we will pull your credit score and proceed with the pre-qualification process.  


Click below to proceed with providing consent. Please limit to one consent per CEBA loan.

Provide Consent

After providing consent, the next step will be for a Westoba Credit Union representative to be in contact to discuss your pre-qualification.  


If you have questions or want to talk more about your options regarding CEBA refinancing, please contact your business representative or our Virtual Services team via 1-877-WESTOBA (937-8622) or email infowcul@westoba.com

 

*Some conditions may apply. Rates may vary and are subject to change. 

**Net Benefit After Forgiveness: Loan Forgiveness, less interest over term of loan. 

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