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  1. Small Business
  2. Solutions
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Take control and manage your small business with precision

Our accounts help owners manage their operations with ease and dedicated support.

Get started

Partner with a bank that understands your business

When you open a small business account with us, you have the flexibility to manage your business finances with our dedicated Small Business Advisor Team team there to offer expert advice and support you every step of the way. At CWB, we know that excellent business banking is about more than products - it's about finding success as a team. Our experts will work with you to help you achieve your financial goals through our full suite of services and specialized resources for small business owners.

Explore our business solutions to find the right product and services to help your small business.

Explore small business solutions

Apply for operating accounts

Get specialized lending

Compare business credit cards

Browse payment solutions

Explore savings and GICs

Valuate my business

The right CWB solutions for your business size

Small business criteria
Read below to see if your business fits our small business category

Manage finances, grow investment, access key insights, and utilize dedicated support.

Small businesses can grow and maintain their operations with confidence using our tailored financial solutions. These solutions are designed for digitally savvy business owners looking for over-the-phone support and who have non-complex lending needs up to $50,000.

Generally, your business would be considered a small business if you:

  • Employ up to 20 people
  • Generate up to $2 million in annual revenue
  • Have no more than 4 signatories
  • Have no greater than 4 people acting as owners
  • Are not owned by another business. 

If you meet this criteria, continue on to explore our small business products and solutions. If your business is larger than described, explore our mid-large business products and solutions instead.

Explore our mid-large business solutions Explore our small business solutions

Before you apply

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Wondering what documentation you will need before you apply for your account? Read our required documentation list:

required documentation
To apply for our small business accounts, you will need the following documentation ready:
  • Most recent tax return
  • Business registration documents
  • Corporate ownership document, CRA Schedule 50, or Corporate Share Registry
  • Emails and legal names of all additional signers or owners that own more than 25% of the business
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Apply now

Compare small business operating accounts

Features Business Current Account CWB Business Advantage Account™ CWB Business Unlimited Account™
Monthly fee $5.00 minimum $35.00 $75.00
Minimum balance to waive monthly fee n/a $50,000 $100,000
Electronic transactions1 $1.00 per item
 Unlimited Unlimited
Paper Transactions2 $1.00 per item 60 per month Unlimited
Outgoing Interac e-Transfer®transactions
 $1.00 per item Free Free

1Electronic transactions include: online bill payments and transfers, Automated Teller Machine (ATM) transactions, Interac Direct Purchase payments, electronic funds transfers, direct deposits, automatic payments, and other electronic debits and credits. For fee schedules for Cash Management Services, please contact your Relationship Manager or local CWB banking centre.
2Paper transactions include: cheque deposits, cheque withdrawals, in-branch deposits, withdrawals, bill payments and branch assisted transactions.
®Interac e-Transfer is a registered trademark of Interac Corp. Used under licence. 

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More business solutions

Once you have a small business operating account with CWB, you gain further access to tailored financial solutions built to support your business. Whether you need financing, credit cards, cash management, savings accounts or investments, our small business advisors are here to help you find the right products and services to meet your needs.

Explore more small business solutions below​.
Unsure what you need? Contact a small business expert.

Financing and business credit card solutions

A Small Business Owner and banker

Accelerated financing for your small business

The CWB Small Business Line of Credit allows you to manage day-to-day expenses, cover gaps in operating cash flow and simplify the management of your cash flow all in one place.

Get simple, tailored lending for your small business when you need it. 

Learn more
Business credit cards

Credit cards designed with business in mind

Whether you want to earn cash back, save on fees, or make purchases in U.S. dollars, every CWB business credit card comes with advanced digital account management tools and actionable financial insights that give you ultimate control and convenience over your account.
Learn more

Payment, savings and GIC solutions

card payments

Manage your payments and grow your cash flow

Operating a small business requires functional payment solutions. Whether you need automated payment management, wire services, card processing, or tax and Bill processing, we have the solutions to fit your needs.
Learn more
Business owner investing

Use reserve funds to grow your returns

Small business owners work hard for their money. We think their money should work hard for them too. Whether you need easy access, flexibility, or guaranteed returns, our savings and GIC solutions can ensure you are maximizing interest on excess cash.
Learn more

CWB business accounts include

Custom solutions
Custom solutions
Alerts and messaging
Customize how you want to receive information from CWB. This includes profile and user updates, password resets, new login device access, and more.
Scheduled bill payments
Schedule future bill payments and cancel them up to 24 hours in advance.
Secure login
Secure login
Fortified security
Fortified security using multi factor authentication (MFA). Bypass MFA using touch of FaceID if using mobile phone access.
Self-serve password reset
Reset your password from the comfort of your mobile phone or computer.
Apply now

Hear from a CWB client

“We chose CWB because of the bank’s reputation with entrepreneurs. Their understanding of how a brokerage needs to operate and account for funds makes dealing with them a far better experience than with some of the other banks. When we win a deal, we need to open trust accounts quickly. CWB turns those requests around for us in hours versus days.”
Tristone Real Estate
- Glen Checkley

Contact our dedicated small business experts now

Get expert advice and financial solutions tailored to growing your small business

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