Business banking built for companies that actually make things, move things, and build things. Five specialists serving 340+ SMEs from Hamilton across southern Ontario — since 2005. Same-day callbacks, 48-hour credit decisions, and a team that visits your facility before drafting a single proposal.
TRUSTED BY 340+ BUSINESSES ACROSS SOUTHERN ONTARIO — FROM MANUFACTURERS AND LOGISTICS FIRMS TO DENTAL PRACTICES AND FOOD CO-OPS
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Real Clients. Real Results. No Scripts.
"We moved to Saltic in 2018 after eleven years with one of the Big Five. Within the first month, Tom Belovic visited our warehouse, walked our shipping floor, and sat with my dispatcher for an hour. No one from our previous bank had ever set foot in our building. That visit alone changed how they structured our revolving credit facility — because Tom understood the seasonal cash gap we deal with every winter."
"Diane looked at our books and told us we were leaving $38,000 a year on the table in staff time alone. She was right. Priya rebuilt the whole system in about five weeks — migrated us to pre-authorized debits for member payments, set up automated reconciliation with our accounting software, and integrated real-time deposit posting. Our treasurer now spends Monday mornings on reconciliation instead of Monday through Thursday."
"I run two dental offices and I'm a dentist, not a banker. Neil set it up so cleanly that my office manager told me it cut her month-end work by more than half. Dual-signature controls, separate operating and trust accounts, seamless Interac and credit card processing at both locations — all consolidated into a single dashboard. I don't know what else to say. It just works."
Five Services That Put Idle Cash to Work and Complexity to Rest
Every service is built around how your business actually operates — not how a bank's software says it should. We work with companies doing $1M–$20M in annual revenue, handling anywhere from 200 to 2,000+ transactions per month. Here's what we do and how each piece fits together.
Treasury & Cash Management
Every idle dollar should be earning. We design sweep accounts that move surplus balances automatically at end-of-day, cash concentration structures that pool funds across multiple operating entities, and short-term GIC placements that put your reserves to work overnight. Literally overnight. For a typical client with $400K in average daily balances, this means an additional $8,000–$14,000 in annual interest income that was previously sitting at zero.
Explore Treasury SolutionsWorking Capital & AR Financing
Bridge the gap between when you pay suppliers and when your customers pay you. Our revolving credit facilities range from $50K to $2M, with credit decisions made locally in Hamilton — not routed to Toronto for committee review. We also offer accounts receivable factoring and asset-based lending structured around your actual cash conversion cycle. If your industry bills Net 45 but your payroll hits every two weeks, we build around that reality.
See Lending OptionsPayment Processing
Accept Visa, Mastercard, Amex, Interac, tap, and online payments — all in one merchant account with interchange-plus pricing transparency. No bundled mystery fees, no tiered rate structures that hide the real cost. We provide detailed monthly statements breaking down every interchange category, assessment fee, and markup so your bookkeeper sees exactly where each cent goes. Multi-location? We consolidate reporting across all your terminals and e-commerce gateways into one view.
Learn About Payment ProcessingBusiness Operating Accounts
Custom transaction limits, tiered approval thresholds, zero balance account management, and direct integration with QuickBooks, Sage, or Xero. Built for 200 to 2,000+ monthly transactions without volume surcharges eating into your margins. Every account includes dual-signature controls, real-time balance alerts, and configurable user permissions so your controller, office manager, and CFO each see exactly what they need — nothing more, nothing less. View our complete fee schedule for transparent pricing.
Explore Operating AccountsReceivables Automation & PAD
Pre-authorized debit collection, electronic invoicing with embedded payment links, automated retry logic on failed debits (with configurable retry intervals and customer notifications), and real-time posting to your general ledger. Stop chasing cheques and stop calling customers about overdue payments. Our PAD setup typically reduces average days-to-collect by 12–18 days and eliminates the 3–5 hours per week most office managers spend on manual collections follow-up.
Automate Your Receivables"Marcus told us during our first meeting that he didn't think we needed the product we'd asked about. He said there was a simpler, less expensive way to solve the problem. That was eight years ago. We're still clients. And that simpler solution still works perfectly."
— Craig Wiens, Owner, Niagara Craft Brewing Co.
Twenty Years of Results You Can Measure
Since 2005, we've grown one client at a time — almost entirely through referrals. These numbers reflect two decades of doing things the way we think banking should be done.
Switch in Three Conversations, Not Three Months
Leaving a Big Five bank feels like it should be complicated. It isn't. We've onboarded over 340 businesses and the process follows the same three steps every time.
1. The 20-Minute Call
We learn what you do, what you're frustrated with, and what your current banking setup looks like. No applications, no commitments. About half of these calls end with us saying "here's what we'd do differently" — and the other half end with us honestly saying your current bank is fine for now. Either way, you'll know in 20 minutes.
2. The Site Visit
If there's a fit, one of our five team members visits your facility. Tom walks your floor, Diane reviews your books, Marcus looks at your payment flow. We don't propose solutions from behind a desk. This visit is how we build a banking structure that mirrors your actual operations — not a template from head office.
3. The Migration
We handle PAD transfers, payee setups, card terminal swaps, and accounting software integration. Most clients are fully migrated within 3–5 weeks with zero disruption to payroll, vendor payments, or customer collections. Your dedicated banker manages the entire transition and remains your single point of contact from that day forward.
Built for Businesses Doing $1M–$20M in Revenue
We're not trying to be everything to everyone. Our sweet spot is established small and mid-sized businesses in southern Ontario — companies big enough to need real banking infrastructure but too small to get genuine attention from the Big Five. Industries we serve every day include:
Manufacturing & Machining
Precision shops, fabricators, and assembly operations dealing with long receivable cycles, equipment financing, and multi-currency supplier payments.
Logistics & Transportation
Freight companies, warehousing operations, and last-mile delivery firms managing fuel costs, seasonal volume swings, and tight-margin fleet financing.
Construction & Trades
General contractors, electrical and mechanical trades, and property developers who need progress-draw facilities, holdback management, and bonding support.
Healthcare & Professional Services
Dental practices, physiotherapy clinics, veterinary offices, and multi-location professional firms needing trust accounts, payment processing, and consolidated reporting.
Food & Beverage
Breweries, co-operatives, distributors, and food processors managing perishable inventory cycles, seasonal demand, and high-volume low-margin payment flows.
Commercial Property
Property management groups, commercial landlords, and real estate holding companies with rent collection automation, maintenance reserve accounts, and commercial mortgage needs.
Don't see your industry? Call us at (226) 972-3482 — we've likely worked with a business like yours before.
Join 340+ Businesses Who Switched to Smarter Banking
Most of our clients come from referrals. That tells you something. But if nobody's told you about us yet — here we are. We're a five-person team at 326 Hunter Street West in Hamilton, and we've been doing this since 2005. Let's talk about what banking should actually look like for your business. No paperwork on the first call, no pressure, and no generic pitch. Just a conversation about what's working, what isn't, and whether we can help.
Prefer to browse first? Read our business banking guides, check our published rates and fees, or learn how our team works.
Important Disclosures
Deposit Insurance
Deposits held through our Schedule I chartered bank partner are eligible for Canada Deposit Insurance Corporation (CDIC) coverage up to applicable limits. CDIC protects eligible deposits up to $100,000 per depositor, per insured category.
Fee Notice
Service fees may apply to business accounts, payment processing, and credit facilities. See our schedule of fees for complete details, or call us at (226) 972-3482.
Legal Identity
Saltic Inc. | Registered Office: 326 Hunter Street West, Hamilton, Ontario L8P 4A7 | Ontario Business Corporation Number: 1742985
Regulatory Status
Saltic Inc. is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). MSB Registration No. M08917264. Regulated under the Bank Act (Canada) through our Schedule I chartered bank partnership.