RBC Bank Announces New Financing Program for McDonald’s® Southeast U.S. Franchisees
Raleigh, N.C. – December 6, 2010 – RBC Bank has announced a new McDonald’s loan program featuring customized financial products and solutions for McDonald’s independent franchisees in the Southeast U.S. The program covers fixed- and floating-rate loans. Financing options will be available for purposes such as restaurant acquisitions, rebuilds and relocations, equipment purchases and restaurant improvements. In addition to financing options, RBC Bank will offer treasury management and wealth management services.
About RBC Bank
RBC Bank, headquartered in Raleigh, N.C., offers a wide range of financial services and advice to individuals, businesses and public institutions throughout the Southeast. RBC Bank’s network includes more than 420 full-service banking centers in six states (Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia), an extensive ATM network and telephone and online banking. RBC Bank is the 40th largest U.S. bank by consolidated assets, according to SNL Financial’s List of the Nation’s 50 Largest Banks, September 2010. RBC Bank is a wholly-owned subsidiary of Royal Bank of Canada (RBC) (RY on the TSX and NYSE), Canada's largest and most stable bank as measured by assets and market capitalization. In August 2009, Global Finance Magazine ranked RBC as the safest bank in the Western Hemisphere. RBC is also one of the world's financial, social and environmental corporate leaders, having appeared on the Dow Jones Sustainability World Index every year since its creation in 1999. Additional information about RBC Bank may be found at www.rbcbankusa.com.