Business Banking >
 

Business Lending

 

Whether you are managing daily expenses, planning for growth or simply keeping up with technology, your business may need extra funds to succeed. Whatever your goals, you'll find a trusted financial partner in RBC Bank. We offer a wealth of business lending solutions designed to meet your financing needs.

  Business Needs Features & Benefits Typical Application Requirements

Business Installment Loans

  • Purchase or refinance equipment, vehicles, or real estate.
  • Fixed or variable interest rates
  • No prepayment penalties
  • Automatic payment options
  • Secured by: Asset(s) purchased with loan funds
  • SBA and ExpressLoan options
  • Application
  • Personal Financial Statement
  • 2 yrs business/personal tax returns
  • Business Financial Statements

Business Lines of Credit

  • Support seasonal cash needs
  • Purchase inventory
  • Manage accounts payable
  • Finance growth opportunities
  • Lines from $5,000 and up;
  • Multiple ways to advance funds
  • Flexible repayment options
  • Variable interest rates
  • Secured by: Business assets and/or the equity of the business owner’s residence or vacation home
  • Application
  • Personal Financial Statement
  • 2 yrs business/personal tax returns
  • Business Financial Statements

Letters of Credit

  • Guarantee payments to suppliers
  • Establish credit history
  • Commercial and Standby options
  • Secured by: Cash or other liquid assets of the business and/or business owner(s)
  • Application
  • Personal Financial Statement
  • 2 yrs business/personal tax returns
  • Bank/investment statements on pledged accounts

Business Loans

Improve your business operations or plan for the future with a Business Loan from RBC Bank. With everything from a convenient Business Express Loan to Real Estate and Small Business Administration lending services, you’re sure to find the solution you need.

Business Lines of Credit

Take control of daily expenses and get the cash you need to cover seasonal expenses, purchase inventory, or protect you from overdrafts. Business Lines of Credit, including our Business CreditLine and Business Equity Line of Credit, deliver a flexible and hassle-free way to meet a variety of short-term working capital needs.

Letters of Credit

Guarantee payments and contract terms for domestic transactions and long-term vendor relationships with Letters of Credit from RBC Bank.

Community Development

Make your community development project a reality with help from the Community Development Lending Group at RBC Bank.

To learn more or schedule a meeting with a business banking specialist, call us at 1-800-236-8872 or send us an email.


All credit is subject to approval.