An RBC Farm Management Line® of Credit Is Commonly Used For:
- Purchasing land
- Improving cash management to help you operate your farm
- Financing equipment, quotas or renovations
Not sure if this product is right for your business?Tell us about your business and we will find you the right solution.
Combine Line of Credit and Term products best suited to the needs of your farm.
Manage Fluctuating Rates
Choose from a range of terms and rate options to reduce the risk of interest rate changes and control your cash flow.
Apply once for credit and re-use funds available without having to re-qualify.
Flexible Payment Options
Repayment options can be customized to fit your cash flow demands.
All credit products under the RBC Farm Management Line are mortgage secure, which reduces registration costs when re-borrowing.
Our business loan calculator will help you determine the monthly payment and interest costs for various types of loans*.Go to Calculator
How to Open a Farm Management Line of Credit
The calculations and amortization schedule produced are: (i) based on the accuracy and completeness of the data you have entered, (ii) based on assumptions that are believed to be reasonable, and (iii) for estimation purposes only and should not be relied upon for specific financial or other advice. When you make your credit application, interest rates may have changed or may be different due to information contained in your application.
Royal Bank of Canada does not make any express or implied warranties or representations with respect to any information or calculations in connection with this business loan calculator. Royal Bank of Canada will not be liable for any losses or damages arising from any errors or omissions in any information or calculations, or any action or decision made by you in reliance on any information or calculations.