From software development to hardware innovation, RBC Royal Bank helps IT businesses
We understand the unique nature and operations of Information Technology (IT) businesses.
Our team of specialists have an impressive track record helping a wide variety of clients in:
- Computer Services
- Telecom & Networking
- Advanced Technologies and more
Read our online success stories as an example of how RBC Royal Bank helps Canadian Information Technology companies.
We also understand that successful businesses in Information Technology share common characteristics:
- Significant R&D costs
- Volatile cash flows
- Global, export-based markets and opportunities
- Intense competition
- Compressed product life cycle.
Specialized Services for Information Technology Businesses
Our understanding of Knowledge-Based Industries (KBIs) extends to our knowing that IT businesses are unique and have their own special needs from a financial institution. In response to this, we have created a business life cycle approach to KBIs:
- Through partners, we are reaching out identifying and nurturing technologies with company creation potential
- You're experiencing rapid growth and need expert advice and services to help you manage
- You need a financial partner with a global network of services and contracts
- You need an expert team to help you access capital markets
Just Starting Out? We're playing a key role in helping engineers and developers bring technologies to market by bundling seed and venture capital, business and technology management expertise and access to our vast network.
Rapid Growth? If your business is experiencing the stunning growth that comes with early success in IT sectors, we offer a wide selection of innovative products and services geared to your needs.
Going Global? For many IT companies, going global is a requirement from the very beginning. Our KBI specialists can help ease your entry into international trade with services and advice on foreign exchange risk management and payment methods, such as letters of credit and documentary collections.
Going Public? If and when it's time to access capital markets, our KBI specialists will introduce you to our specialized KBI investment banking unit.
Whichever stage of the life cycle your business is in, our KBI Information Technology specialists can help. To find out more, select the appropriate stage of the life cycle for your business:
For more information on the assistance RBC Royal Bank can offer your business, contact us.