RBC Business Accelerator Loan Program

Flexible financing for operational cash flow

$25,000 - $500,000 in financing

Term

Term and Amortization up to 6 years

Repayment Rate

• Fixed and variable interest rate options
• Principal and interest paid monthly

Loan is Guaranteed

Loans are approved and issued by RBC, supported by an 85% guarantee from BDC

Eligibility^{legal disclaimer 2}

• Canadian-based business in operation for at least 12 consecutive months
• Annual gross revenue up to $10 million CAD
• Loan proceeds used to fund operating cash flow needs
• Must be directly operating a business
• Primary banking relationship with RBC prior to application
• Full personal guarantee required
• Additional eligibility criteria apply

Fee Details

In addition to interest costs^{legal disclaimer 3}, the Business Accelerator Loan Program includes the following non-refundable fees charged on behalf of BDC:

• One-time BDC application fee of 1% of the loan amount
• 2% BDC guarantee fee is included as part of your interest rate