Clients may need additional financing or access to cash for unexpected needs during the year e.g. new investment opportunity or medical expenses.
A temporary increase on the Personal Line of Credit can be arranged to solve for these specific needs.
Features |
Benefits |
---|---|
Revolving Credit | ACCESS – You can repay and reborrow with approved limits |
Personalised limits starting from USD$5,000 | PEACE OF MIND – funds readily available to meet goals and limits are aligned to your income and expenses |
Preferential Pricing | AFFORDABLE – enjoy RBC’s most cost-effective financing solution for your personal needs |
Low cost options | SAVINGS – Enjoy even lower pricing if collateral is provided |
Unsecured lines available | FREED-UP ASSETS – your life savings and properties remain unencumbered |
Interest only repayment | CASH AVAILABILITY – frees up your cash flow until you choose to repay principal |
Flexible principal repayment |
CONTROL – Principal repayment can be customized to your individual needs with either adhoc payments using any channel or automated recurring payments set up via Mobile Banking or Web |
FREE Digital Banking access |
CONVENIENCE – bank on your own terms – monitor transactions without having to visit the bank |
FREE monthly e-Statements |
EASY ACCOUNTING – track outstanding loan balances and quickly reconcile your operating account via digital banking platform |