Benefits of Mid-Term or Long-Term Business Loans

  • Have the ability to make purchases or improvements that keep your business competitive

  • Modernize equipment to keep pace with changes in technology

  • Finance business expansion at a competitive cost of borrowing

Business Loan Calculator

If you’re looking to finance business growth or new equipment, our business loan calculator can help you determine important information such as monthly payment options and interest costs for various types of loans*.

Business Term Loans

If you are looking to purchase property or equipment for your business, a term loan can be matched to the life of the asset you’re buying.

  • Available at fixed or variable annual interest rates

  • Amortization is in line with the life of the asset

  • Consistent payment amounts to let you better manage your cash flow

View Details about Term Loans

Best For:

  • Businesses that need funds to increase production capacity

  • Companies in need of new equipment

  • Those looking to refinance debt or realize savings on interest costs for existing loans

Equipment Leasing

Get up to 100% financing for the equipment your business needs.

  • Financing for equipment includes taxes and installation

  • Lease payments can be tax deductible

  • Equipment leasing solutions can be customized to fit your company's needs

View Details about Equipment Leasing

Best For:

  • Businesses that need to purchase equipment but want to preserve their capital

  • Companies focused on keeping pace with technology

Equipment PurchaseLine

Have ongoing access to funds through a revolving line of credit you can use to purchase new equipment.

  • Both lease and term borrowing options available

  • Once the line has been set up you can continue to purchase equipment as it is paid down

  • Flexibility to move from a variable to a fixed rate

View Details about Equipment PurchaseLine

Best For:

  • Businesses looking to purchase or lease multiple pieces of equipment

  • Owners looking to consolidate existing leases and/or existing term loans

RoyFarm Agriculture Business Mortgage

Support all aspects of your farm business with a mortgage solution that provides you with a series of individual loans.

  • Re-borrow against your mortgage without having to re-apply

  • Choose your own term, rate and schedule

  • Match your cash flow with a payment frequency that works for you

View Details about RoyFarm Agriculture Business Mortgage

Best For:

  • Farm businesses looking to expand or acquire farmland

  • Farm businesses interested in purchasing equipment or quota

  • Those looking to restructure existing loans

Commercial Mortgage

Buy or refinance income-producing property with a mortgage designed to support commercial real estate.

  • Financing available over $1,000,000

  • Competitive interest rates and terms

  • Variable and fixed rate options available

View Details about Commercial Mortgage

Best For:

  • Companies that are financing multi-residential, industrial, office or retail properties

  • Businesses investing in income-producing real estate properties greater than $500,000

  • Financing properties that are readily marketable

Financière Agricole du Québec

If you’re an aspiring or established farmer in Quebec, La Financière Agricole du Québec (FADQ) offers financial support with secured farm loans.

  • Agricultural loans up to $5,000,000

  • Forestry loans up to $750,000

  • Interest rate discount1 for the entire term of the loan

View Details about Financière Agricole du Québec

Best For:

  • Young producers looking to establish themselves in the Quebec farming industry

  • Farm projects that aim to improve land, diversify production or start a greenhouse operation

  • Farm businesses looking to expand operations or invest in the future of their business

Canadian Agricultural Loans Act

The Canadian Agricultural Loans Act (CALA) is designed to support Canadian farmers through the financing of farm production, distribution and improvements.

  • Individual farmers can receive up to 80% financing

  • New farmers can receive up to 90% financing

  • Competitive interest rates and flexible payments

View Details about Canadian Agricultural Loans Act

Best For:

  • Farm businesses that are financing real estate or other large assets

  • Those that are expanding existing farm operations

  • Farm businesses looking for financing up to $500,000

Canada Small Business Financing Loan

The Canada Small Business Financing Loan (CSBFL) offers up to $1,000,000 Term Loan to help small businesses purchase or improve assets.

  • Purchases made within the past 365 days are eligible for financing

  • 85% of the loan is guaranteed by the Federal government

  • Maximum loan of $1,000,000 ($500,000 for equipment, improvements, intangible and working capital)

View Details about Canada Small Business Financing Loan

Best For:

  • New businesses looking for financial support to start or grow a company

  • Established businesses looking to relieve cash flow strain

  • Businesses that are financing land, equipment or other major assets

Farm Management Line of Credit

Choose a mix of financing products within one mortgage to meet your broad range of needs.

  • Select a combination of financing loan products that are best suited to the needs of your farm

  • Choose from a range of terms and rate options

  • Customize your repayments to fit your cash flow demands

View Details about Farm Management Line of Credit

Best For:

  • Farm businesses that are purchasing land

  • Those that are looking to improving cash flow

  • Companies interested in financing equipment, quotas or renovations

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You Might Also Be Interested In:

Standard Online Banking

Bank on your schedule – anytime, from anywhere, with RBC Online Banking for business and the RBC Mobile app2.

Payment Solutions

Improve your cash flow with Moneris—Accept debit and credit card payments any way your customers want to pay, in-store, online or on mobile.

Commercial Mortgage

Buy or refinance your income-producing properties with competitive-rate mortgages over $1,000,000.

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