Call: 780.443.5626 // Toll Free: 1.877.443.5620

Loans

I am a Consumer

General Bank's new or used automobile loans are only available through franchised auto dealerships. We do not have an expensive branch network to maintain, and our focus means that we pass along savings to automobile purchasers.

General Bank has established business relationships with over 1200 automotive dealership across Canada. We work together with dealership Financial Services Managers to create the loan solution that works for you.

Our rates are competitive, and you can drive away with the peace of mind, knowing that you have a great deal on a car loan. Ask your dealership Financial Services manager to send your loan application to General Bank.

Click here to learn more about the advantages of getting a GBC auto loan.

I am a Franchised automotive dealership

General Bank of Canada is committed to the automotive financing business. In fact, it's all that we do!

In a business that is highly commoditized, our focus is to differentiate from the competition on the basis of service - to both you as the dealer, and to your customer once a loan is booked.

Loans

Why General Bank of Canada?

  • Competitive interest rates for the customer
  • Best in Class participation for the dealership.
  • Fast decision and settlement
  • Personal, attentive service with direct lines to buyers and funding department.
  • Extensive industry knowledge and experience
  • Active on both Dealer Track Network and RouteOne.

For more information on how to become a General Bank dealer, please contact sales@generalbank.ca


It Pays to Know

General Bank of Canada supports the Financial Consumer Agency of Canada (FCAC) in its mandate to help consumers understand, and shop for financial products and services.

Understanding your financial rights and responsibilities means No $urprises. The more you know about your financial rights and responsibilities, the easier it is to avoid costly surprises and to reach your financial goals.

The FCAC has produced a short video entitled “Understanding Car Financing” and a brochure entitled “Think Beyond the Monthly Payment”. While long term car loans of 72, 84 or 96 months offer lower regular or monthly payments, they are more costly than loans of 60 months or less since you will pay more interest over a longer term. Learn about the different options for financing a car and compare their full term costs, not just the regular payments.