Innovative Products and Services
Making financing possible makes your business possible
Our innovative products and services help make financing Media & Entertainment businesses possible:
Financing with Loans for KBIs
In assessing a loan application we look beyond the balance sheet. We rely heavily on quality of your management team and customer base. We acknowledge capital ideas intellectual property collateral market potential.
Financing Investment Tax Credits (ITCs)
Knowledge-based enterprises often have to make significant investments in research and development (R&D). Financing ITCs is regarded as a means of financing R&D, but major changes in government regulations have made ITC financing difficult to get. We review each case individually and consider all of the factors involved, including your previous track record and who completed or audited the ITC claim.
Royal Bank has a wide range of products and services designed for the unique needs of Media & Entertainment business. For example, Royal Bank's interim model enables producers to meet cash flow requirements during production.
Financing Foreign Sales
As an exporter you must consider the credit risk of your foreign buyer, but it is not always possible to receive cash in advance for your goods. If you are selling products and services outside of Canada, we offer several payment options to help limit your financial risk and improve your cash flow:
Foreign Collections: Obtain payment or acceptance of a draft before your buyer takes delivery.
Letters of Credit: Get assurance, prior to manufacturing, that you will be paid for goods upon shipment.
Payment Guarantees: Assure clients of your financial integrity with respect to international contracts.
We also offer loans against outstanding receivables in the US and other countries including Australia, Belgium, Germany, Hong Kong and the UK.
Other methods of pre-export or medium term financing are available in conjunction with our partners such as Northstar Trade Finance and the Canadian Commercial Corporation.
We can also help you tap into alternative financing such as leasing from Royal Bank Leasing.
Our Small Business Specialists
We can offer innovative products, specifically designed with small businesses in mind. Here are just a few of the services that we can provide to help your business grow:
- 24-hour banking services (including Internet, telephone and automated banking machines)
- Business deposit account options
- Credit Lines
- Equipment financing & leasing
- Exporting information and resources
- Foreign exchanges services
For a comprehensive list of the products and services that may be available for your business, visit our Small Business On-line Resource Centre.
Find out about Royal Bank's support of Canada's Media & Entertainment industry.
Find out how we can connect your business to our own network of connections with Associations and Advisory Councils in the Media & Entertainment industry.