Income Escalator
Benefits
*Competitive interest rates
*Tailored to meet specific business requirements
*Choice of fixed or call deposit
Features
*A step-up fixed deposit whose rates increase incrementally every six months over a two-to-three year period
*Interest earned at the end of every six month period is added to prinicpal
*At maturity, interest can be paid directly to your business' chequing or savings account or by cheque
*Deposits can be used as collateral for borrowing