Business Loans and Lines of Credit
Need to Borrow Money to Finance Business Growth?
Use the business loan calculator to estimate the monthly payment and interest costs for various business loans.*
Your Results
Monthly Payment
$965.02.00
Total Interest Costs
$131,605.23
Based on your information, here are a few options to explore:
Cover Day-to-Day Expenses and Big-Ticket Purchases
Find solutions that meet your business’s unique needs, whether you want to fund operations, manage cash flow or invest in future growth.
Rural Estates Farm Mortgage
For properties zoned residential, rural, country residential or agricultural
- For owner-occupied properties with a single-family dwelling
- Property must have limited or no farming income (less than $25,000)
- Amortization up to 30 years
Dealership Services
For car dealerships across Canada
- Retail auto financing for your personal and business clients
- Wholesale inventory and lease portfolio financing
- Capital loans
RBC Black Entrepreneur Program
For new or established business owners
- A range of financing, including the RBC Black Entrepreneur Business Loan
- Tailored advice and guidance
- Banking solutions and more
Canada Small Business Financing (CSBF) Loan
Available to new or established businesses
- Up to $1,000,000 term loan
- 85% of loan guaranteed by Federal government
- Purchases within past 365 days are eligible
Business Term Loans
Borrow a lump sum for a large purchase
- Loans start at $5,000
- Buy equipment, inventory or property; refinance debt
- Repayment can be matched to asset's life
Commercial Mortgage
Buy or refinance income-producing property
- Finance from $1,250,000
- Fixed and variable rates
- Buy multi-residential, industrial, office or retail properties
Canadian Agricultural Loans Act (CALA) Loan
Finance farm production, distribution and improvements
- Wide range of assets eligible for financing
- Up to 90% financing for beginning farmers2 and 80% financing for existing farmers
- Competitive rates and flexible payments
RoyFarm Agriculture Mortgage
Term mortgage loan to expand, buy land and more
- Farm or land rental income must be at least $25,000
- Long amortization to fit your needs
- Schedule payments to match cash flow
La Financière Agricole du Quebec (FADQ) Loan
For new or established farmers in Quebec
- Discount of 0.30% to 0.60% off loan interest rate
- Protection against interest rate hikes
- Options to help young producers get started
Business Overdraft Protection
Cover payments when funds are low and protect your reputation
- Up to $10,000 limit on most RBC business chequing accounts
- Protection against returned cheques or payments for non-sufficient funds3
- Access your overdraft funds via your business account (at the ATM, in online/mobile banking and in branch)
Business OperatingLine of Credit
Access the working capital your business needs
- Credit lines start at $10,000
- Funds are available in your RBC business account immediately
- Access your credit line funds via your business account (at the ATM, in online/mobile banking and in branch)
Canada Small Business Financing (CSBF) Line of Credit
Available to new or established businesses
- Credit line up to $150,000
- Access funds as you need them
- Purchases within past 365 days are eligible
Visa CreditLine for Small Business
Access the credit you need and earn rewards
- No annual fee
- Competitive low interest rate
- Earn 1 Avion point for every $2 spent1
Equipment PurchaseLine
Get pre-approved and be ready to buy when you need equipment
- Choose from lease and term loan options
- Switch from variable to fixed rate, if desired
- Set up once and re-use credit as your balance is paid down
Farm Management Line of Credit
Buy land, finance operations and more using equity in your farm
- Combine financing products to meet your needs, including line of credit, term loan and mortgage
- Re-borrow without the need for a new credit approval
- Choose from a range of terms and rate options
Equipment Leasing
Get the equipment you need and preserve cash
- Customized to fit your company's needs
- Finance taxes and installation costs
- Lease payments can be tax deductible
Rural Estates Farm Mortgage
For properties zoned residential, rural, country residential or agricultural
- For owner-occupied properties with a single-family dwelling
- Property must have limited or no farming income (less than $25,000)
- Amortization up to 30 years
Dealership Services
For car dealerships across Canada
- Retail auto financing for your personal and business clients
- Wholesale inventory and lease portfolio financing
- Capital loans
RBC Black Entrepreneur Program
For new or established business owners
- A range of financing, including the RBC Black Entrepreneur Business Loan
- Tailored advice and guidance
- Banking solutions and more
Canada Small Business Financing (CSBF) Loan
Available to new or established businesses
- Up to $1,000,000 term loan
- 85% of loan guaranteed by Federal government
- Purchases within past 365 days are eligible
Business Term Loans
Borrow a lump sum for a large purchase
- Loans start at $5,000
- Buy equipment, inventory or property; refinance debt
- Repayment can be matched to asset's life
Commercial Mortgage
Buy or refinance income-producing property
- Finance from $1,250,000
- Fixed and variable rates
- Buy multi-residential, industrial, office or retail properties
Canadian Agricultural Loans Act (CALA) Loan
Finance farm production, distribution and improvements
- Wide range of assets eligible for financing
- Up to 90% financing for beginning farmers2 and 80% financing for existing farmers
- Competitive rates and flexible payments
RoyFarm Agriculture Mortgage
Term mortgage loan to expand, buy land and more
- Farm or land rental income must be at least $25,000
- Long amortization to fit your needs
- Schedule payments to match cash flow
La Financière Agricole du Quebec (FADQ) Loan
For new or established farmers in Quebec
- Discount of 0.30% to 0.60% off loan interest rate
- Protection against interest rate hikes
- Options to help young producers get started
Business Overdraft Protection
Cover payments when funds are low and protect your reputation
- Up to $10,000 limit on most RBC business chequing accounts
- Protection against returned cheques or payments for non-sufficient funds3
- Access your overdraft funds via your business account (at the ATM, in online/mobile banking and in branch)
Business OperatingLine of Credit
Access the working capital your business needs
- Credit lines start at $10,000
- Funds are available in your RBC business account immediately
- Access your credit line funds via your business account (at the ATM, in online/mobile banking and in branch)
Canada Small Business Financing (CSBF) Line of Credit
Available to new or established businesses
- Credit line up to $150,000
- Access funds as you need them
- Purchases within past 365 days are eligible
Visa CreditLine for Small Business
Access the credit you need and earn rewards
- No annual fee
- Competitive low interest rate
- Earn 1 Avion point for every $2 spent1
Equipment PurchaseLine
Get pre-approved and be ready to buy when you need equipment
- Choose from lease and term loan options
- Switch from variable to fixed rate, if desired
- Set up once and re-use credit as your balance is paid down
Farm Management Line of Credit
Buy land, finance operations and more using equity in your farm
- Combine financing products to meet your needs, including line of credit, term loan and mortgage
- Re-borrow without the need for a new credit approval
- Choose from a range of terms and rate options
Equipment Leasing
Get the equipment you need and preserve cash
- Customized to fit your company's needs
- Finance taxes and installation costs
- Lease payments can be tax deductible
Rural Estates Farm Mortgage
For properties zoned residential, rural, country residential or agricultural
- For owner-occupied properties with a single-family dwelling
- Property must have limited or no farming income (less than $25,000)
- Amortization up to 30 years
Dealership Services
For car dealerships across Canada
- Retail auto financing for your personal and business clients
- Wholesale inventory and lease portfolio financing
- Capital loans
RBC Black Entrepreneur Program
For new or established business owners
- A range of financing, including the RBC Black Entrepreneur Business Loan
- Tailored advice and guidance
- Banking solutions and more
Canadian Agricultural Loans Act (CALA) Loan
Finance farm production, distribution and improvements
- Wide range of assets eligible for financing
- Up to 90% financing for beginning farmers2 and 80% financing for existing farmers
- Competitive rates and flexible payments
RoyFarm Agriculture Mortgage
Term mortgage loan to expand, buy land and more
- Farm or land rental income must be at least $25,000
- Long amortization to fit your needs
- Schedule payments to match cash flow
La Financière Agricole du Quebec (FADQ) Loan
For new or established farmers in Quebec
- Discount of 0.30% to 0.60% off loan interest rate
- Protection against interest rate hikes
- Options to help young producers get started
Canada Small Business Financing (CSBF) Loan
Available to new or established businesses
- Up to $1,000,000 term loan
- 85% of loan guaranteed by Federal government
- Purchases within past 365 days are eligible
Business Term Loans
Borrow a lump sum for a large purchase
- Loans start at $5,000
- Buy equipment, inventory or property; refinance debt
- Repayment can be matched to asset's life
Commercial Mortgage
Buy or refinance income-producing property
- Finance from $1,250,000
- Fixed and variable rates
- Buy multi-residential, industrial, office or retail properties
Canadian Agricultural Loans Act (CALA) Loan
Finance farm production, distribution and improvements
- Wide range of assets eligible for financing
- Up to 90% financing for beginning farmers2 and 80% financing for existing farmers
- Competitive rates and flexible payments
RoyFarm Agriculture Mortgage
Term mortgage loan to expand, buy land and more
- Farm or land rental income must be at least $25,000
- Long amortization to fit your needs
- Schedule payments to match cash flow
La Financière Agricole du Quebec (FADQ) Loan
For new or established farmers in Quebec
- Discount of 0.30% to 0.60% off loan interest rate
- Protection against interest rate hikes
- Options to help young producers get started
Canada Small Business Financing (CSBF) Loan
Available to new or established businesses
- Up to $1,000,000 term loan
- 85% of loan guaranteed by Federal government
- Purchases within past 365 days are eligible
Business Term Loans
Borrow a lump sum for a large purchase
- Loans start at $5,000
- Buy equipment, inventory or property; refinance debt
- Repayment can be matched to asset's life
Commercial Mortgage
Buy or refinance income-producing property
- Finance from $1,250,000
- Fixed and variable rates
- Buy multi-residential, industrial, office or retail properties
Canadian Agricultural Loans Act (CALA) Loan
Finance farm production, distribution and improvements
- Wide range of assets eligible for financing
- Up to 90% financing for beginning farmers2 and 80% financing for existing farmers
- Competitive rates and flexible payments
RoyFarm Agriculture Mortgage
Term mortgage loan to expand, buy land and more
- Farm or land rental income must be at least $25,000
- Long amortization to fit your needs
- Schedule payments to match cash flow
La Financière Agricole du Quebec (FADQ) Loan
For new or established farmers in Quebec
- Discount of 0.30% to 0.60% off loan interest rate
- Protection against interest rate hikes
- Options to help young producers get started
Visa CreditLine for Small Business
Access the credit you need and earn rewards
- No annual fee
- Competitive low interest rate
- Earn 1 Avion point for every $2 spent1
Equipment PurchaseLine
Get pre-approved and be ready to buy when you need equipment
- Choose from lease and term loan options
- Switch from variable to fixed rate, if desired
- Set up once and re-use credit as your balance is paid down
Farm Management Line of Credit
Buy land, finance operations and more using equity in your farm
- Combine financing products to meet your needs, including line of credit, term loan and mortgage
- Re-borrow without the need for a new credit approval
- Choose from a range of terms and rate options
Business Overdraft Protection
Cover payments when funds are low and protect your reputation
- Up to $10,000 limit on most RBC business chequing accounts
- Protection against returned cheques or payments for non-sufficient funds3
- Access your overdraft funds via your business account (at the ATM, in online/mobile banking and in branch)
Business OperatingLine of Credit
Access the working capital your business needs
- Credit lines start at $10,000
- Funds are available in your RBC business account immediately
- Access your credit line funds via your business account (at the ATM, in online/mobile banking and in branch)
Canada Small Business Financing (CSBF) Line of Credit
Available to new or established businesses
- Credit line up to $150,000
- Access funds as you need them
- Purchases within past 365 days are eligible
Visa CreditLine for Small Business
Access the credit you need and earn rewards
- No annual fee
- Competitive low interest rate
- Earn 1 Avion point for every $2 spent1
Equipment PurchaseLine
Get pre-approved and be ready to buy when you need equipment
- Choose from lease and term loan options
- Switch from variable to fixed rate, if desired
- Set up once and re-use credit as your balance is paid down
Farm Management Line of Credit
Buy land, finance operations and more using equity in your farm
- Combine financing products to meet your needs, including line of credit, term loan and mortgage
- Re-borrow without the need for a new credit approval
- Choose from a range of terms and rate options
Business Overdraft Protection
Cover payments when funds are low and protect your reputation
- Up to $10,000 limit on most RBC business chequing accounts
- Protection against returned cheques or payments for non-sufficient funds3
- Access your overdraft funds via your business account (at the ATM, in online/mobile banking and in branch)
Business OperatingLine of Credit
Access the working capital your business needs
- Credit lines start at $10,000
- Funds are available in your RBC business account immediately
- Access your credit line funds via your business account (at the ATM, in online/mobile banking and in branch)
Canada Small Business Financing (CSBF) Line of Credit
Available to new or established businesses
- Credit line up to $150,000
- Access funds as you need them
- Purchases within past 365 days are eligible
Visa CreditLine for Small Business
Access the credit you need and earn rewards
- No annual fee
- Competitive low interest rate
- Earn 1 Avion point for every $2 spent1
Equipment PurchaseLine
Get pre-approved and be ready to buy when you need equipment
- Choose from lease and term loan options
- Switch from variable to fixed rate, if desired
- Set up once and re-use credit as your balance is paid down
Farm Management Line of Credit
Buy land, finance operations and more using equity in your farm
- Combine financing products to meet your needs, including line of credit, term loan and mortgage
- Re-borrow without the need for a new credit approval
- Choose from a range of terms and rate options
Equipment Leasing
Get the equipment you need and preserve cash
- Customized to fit your company's needs
- Finance taxes and installation costs
- Lease payments can be tax deductible
Equipment PurchaseLine
Get pre-approved and be ready to buy when you need equipment
- Choose from lease and term loan options
- Switch from variable to fixed rate, if desired
- Set up once and re-use credit as your balance is paid down
Equipment PurchaseLine
Get pre-approved and be ready to buy when you need equipment
- Choose from lease and term loan options
- Switch from variable to fixed rate, if desired
- Set up once and re-use credit as your balance is paid down
La Financière Agricole du Quebec (FADQ) Loan
For new or established farmers in Quebec
- Discount of 0.30% to 0.60% off loan interest rate
- Protection against interest rate hikes
- Options to help young producers get started
Rural Estates Farm Mortgage
For properties zoned residential, rural, country residential or agricultural
- For owner-occupied properties with a single-family dwelling
- Property must have limited or no farming income (less than $25,000)
- Amortization up to 30 years
Canadian Agricultural Loans Act (CALA) Loan
Finance farm production, distribution and improvements
- Wide range of assets eligible for financing
- Up to 90% financing for beginning farmers2 and 80% financing for existing farmers
- Competitive rates and flexible payments
RoyFarm Agriculture Mortgage
Term mortgage loan to expand, buy land and more
- Farm or land rental income must be at least $25,000
- Long amortization to fit your needs
- Schedule payments to match cash flow
Farm Management Line of Credit
Buy land, finance operations and more using equity in your farm
- Combine financing products to meet your needs, including line of credit, term loan and mortgage
- Re-borrow without the need for a new credit approval
- Choose from a range of terms and rate options
Equipment PurchaseLine
Get pre-approved and be ready to buy when you need equipment
- Choose from lease and term loan options
- Switch from variable to fixed rate, if desired
- Set up once and re-use credit as your balance is paid down
La Financière Agricole du Quebec (FADQ) Loan
For new or established farmers in Quebec
- Discount of 0.30% to 0.60% off loan interest rate
- Protection against interest rate hikes
- Options to help young producers get started
Rural Estates Farm Mortgage
For properties zoned residential, rural, country residential or agricultural
- For owner-occupied properties with a single-family dwelling
- Property must have limited or no farming income (less than $25,000)
- Amortization up to 30 years
Canadian Agricultural Loans Act (CALA) Loan
Finance farm production, distribution and improvements
- Wide range of assets eligible for financing
- Up to 90% financing for beginning farmers2 and 80% financing for existing farmers
- Competitive rates and flexible payments
RoyFarm Agriculture Mortgage
Term mortgage loan to expand, buy land and more
- Farm or land rental income must be at least $25,000
- Long amortization to fit your needs
- Schedule payments to match cash flow
Farm Management Line of Credit
Buy land, finance operations and more using equity in your farm
- Combine financing products to meet your needs, including line of credit, term loan and mortgage
- Re-borrow without the need for a new credit approval
- Choose from a range of terms and rate options
Equipment PurchaseLine
Get pre-approved and be ready to buy when you need equipment
- Choose from lease and term loan options
- Switch from variable to fixed rate, if desired
- Set up once and re-use credit as your balance is paid down
La Financière Agricole du Quebec (FADQ) Loan
For new or established farmers in Quebec
- Discount of 0.30% to 0.60% off loan interest rate
- Protection against interest rate hikes
- Options to help young producers get started
Rural Estates Farm Mortgage
For properties zoned residential, rural, country residential or agricultural
- For owner-occupied properties with a single-family dwelling
- Property must have limited or no farming income (less than $25,000)
- Amortization up to 30 years
Dealership Services
For car dealerships across Canada
- Retail auto financing for your personal and business clients
- Wholesale inventory and lease portfolio financing
- Capital loans
RBC Black Entrepreneur Program
For new or established business owners
- A range of financing, including the RBC Black Entrepreneur Business Loan
- Tailored advice and guidance
- Banking solutions and more
Business Loan Calculators
Business Cash Flow Calculator
View More DetailsCorporate Lending Solutions
Explore solutions for mid-market Canadian-headquartered companies and subsidiaries of foreign multinationals in Canada.
Your Top Questions Answered
Start by speaking with an RBC Business Specialist, who can assess your needs and recommend the right financing for your business.
-
If you have less than 10 employees:
Call 1-800-769-2520 (24/7) or find a branch near you
-
If you have more than 10 employees:
The documentation you will need to provide varies by product, how long you have been in business and your industry. In general, some of the information you may need to provide, includes:
- Copies of your business registration/Incorporation documents
- Your business plan (if you’ve been in business less than 2 years)
- Your most recent tax return and notice of assessment
- Your most up-to-date financial statements
- Statements for any bank or investment accounts that are not held at RBC Royal Bank
Please speak with an RBC Business Specialist for details.
-
If you have less than 10 employees:
Call 1-800-769-2520 (24/7) or find a branch near you
-
If you have more than 10 employees:
We offer a wide range of loans and credit lines for businesses of all sizes. Eligibility requirements vary by product, how long you have been in business and your industry. The best step you can take is to speak with an RBC Business Specialist, who will assess your needs and help guide you through your financing options and the application process.
-
If you have less than 10 employees:
Call 1-800-769-2520 (24/7) or find a branch near you
-
If you have more than 10 employees:
In some cases, yes. The following products work in tandem with an RBC business chequing account:
- Business Overdraft Protection
- Business OperatingLine of Credit
- Canada Small Business Financing Line of Credit
Need an account? Explore our business accounts.
Speak to an RBC Business Specialist
More than 10 employees:
The business loan calculator assumes: (i) a constant interest rate throughout the repayment period and (ii) that interest payments will be made monthly for both payment types (Principal Plus Interest or Blended). The calculations produced do not account for, among other things, the following factors that may impact repayment: (i) non-scheduled payment reductions such as lump sum payments, (ii) Business Loan Insurance Plan premium payments, (iii) leap years, (iv) maturities on dates other than payment due dates or (v) interest adjustments.
The calculations and amortization schedule produced are: (i) based on the data you have entered and its accuracy and completeness, (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, and if you are approved for an RBC loan, the term for which the loan is available may not match the repayment period entered by you. Due to the foregoing, the payment schedule produced by the business loan calculator may differ from an actual payment schedule.
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.
Avion points are earned on net purchases only; they are not earned on cash advances (including balance transfers, cash-like transactions and certain bill payments), interest charges or fees, and credits for returns and adjustments will reduce or cancel the points earned by the amounts originally charged.
Beginning Farmer: “Farmer” who on the date of a CALA loan application, intends to be or has been, engaged in farming in Canada for less than 6 years. The Borrower must be able to prove that they have not earned farming income nor incurred farming-related expenses in one of the past six years by providing a tax return showing no farming income or expenses. For start-up “Farmers” the Borrower must provide a business plan demonstrating the intent to farm.
Within your overdraft limit.