Personal Line of Credit

Personal Line of Credit.

Clients may need additional financing or access to cash for unexpected needs during the year e.g. new investment opportunity or medical expenses.

A temporary increase on the Personal Line of Credit can be arranged to solve for these specific needs.

Features	Benefits
Revolving Credit	ACCESS – You can repay and reborrow with approved limits
Personalised limits starting from USD$5,000	PEACE OF MIND – funds readily available to meet goals and limits are aligned to your income and expenses
Preferential Pricing	AFFORDABLE – enjoy RBC’s most cost-effective financing solution for your personal needs
Low cost options	SAVINGS – Enjoy even lower pricing if collateral is provided
Unsecured lines available	FREED-UP ASSETS – your life savings and properties remain unencumbered
Interest only repayment	CASH AVAILABILITY – frees up your cash flow until you choose to repay principal
Flexible principal repayment	CONTROL – Principal repayment can be customized to your individual needs with either adhoc payments using any channel or automated recurring payments set up via Mobile Banking or Web
FREE Digital Banking access	CONVENIENCE – bank on your own terms – monitor transactions without having to visit the bank
FREE monthly e-Statements	EASY ACCOUNTING – track outstanding loan balances and quickly reconcile your operating account via digital banking platform