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Flexible Borrowing Options
As your practice starts and then grows, your borrowing needs change. RBC Royal Bank has the smart business solutions you need for your practice to grow and prosper. By working with a specially trained RBC Financial Advisor, you can take advantage of tailored personal and business borrowing options. It's all part of the RBC Plan for Professionals.
Competitive options for your practice needs
- Up to 100% funding of your practice purchase price, start-up, or expansion costs
- Up to 100% lease financing for the cost of the equipment, including taxes and installation
- Flexible options for financing the building from which you operate
- Royal Business OperatingLineTM for easy management of day-to-day expenses
RBC HomeLine PlanTM - Put your equity to work for you
Draw up to 75% of the value of your home* through a combination of mortgage and personal line of credit segments. As you pay down your mortgage, the funds available to you through your RBC Homeline Plan personal line of credit increases - no need to reapply.
Competitive options for your personal needs
* The lesser of the appraised value or purchase price of your home at the time of application.
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