Credit & Lending

Gain access to credit facilities

Accumulating assets is one of your clients’ top priorities. However, many clients need help managing the liabilities side of their balance sheet, too. As a correspondent firm, you can offer credit solutions available through our affiliate, RBC Wealth Management, international division, that can help you build deeper, more profitable relationships.

Line of Credit – Every client has good reason to borrow money from time to time. So when clients say they need to sell assets for a short-term bridge loan, a business or investment opportunity or any other unexpected expense, your brokers can suggest the client open an RBC Premier Line of Credit instead.

Compared to conventional loans, the RBC Premier Line of Credit gives qualified clients fast, easy access to cash – sometimes in as little as 24 hours. Plus, interest rates are LIBOR-based*. LIBOR is the interest rate that the world's largest international banks charge each other for loans. Historically, the LIBOR rate has been about 2% lower than the prime rate, the interest rate that U.S. banks charge to their most creditworthy customers. This could lead to significant savings on your clients’ interest payments.

But best of all, instead of liquidating assets from your clients’ accounts, assets continue to work toward your clients’ long-term financial goals. These features and benefits make the RBC Premier Line of Credit an attractive solution for everyone involved.

*LIBOR is derived from an average of daily self-estimates of borrowing costs supplied by a small group of large global banks. Royal Bank of Canada is a participant in the LIBOR-setting panels tied to the US Dollar, the British Pound, the Euro, and the Canadian Dollar.


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