Flex Financing^™

What is Flex Financing ?

Lending product designed to provide public sector entities with access to the Canadian money markets.

How does it work ?

Borrowers issue promissory notes at fixed rates and for specific maturity dates. Royal Bank guarantees repayment assuring access at preferred rates.

What Benefits are there for the Public Sector ?

• attractive rates, usually less than prime.
• fixed terms and rates eliminate exposure to interest rate fluctuation risk.
• Royal Bank can issue notes on your behalf: minimizes administrative effort for the borrower.(available in most jurisdictions)
• immediate availability: no advance notice required.
• principle and interest payable at maturity (no interim monthly interest payments)

How can I get more information ?

Contact your local area account manager.