FinviloRBC Royal Bank
RBC Canada Small Business Financing Loan
A government-sponsored term loan for small business property, equipment, leasehold improvements, intangible assets and working capital.
Provider information link, not an application on this site.
Recorded fees, rates and features
Amounts are in CAD unless the source specifies otherwise. A promotional term is not necessarily an ongoing term.
- Maximum amount
CAD 1,000,000
Provider source- Sublimits
CAD 500,000 for equipment, leaseholds, intangibles and working capital, including CAD 150,000 for intangibles and working capital
Provider source- Government guarantee
85% guaranteed by the federal government
Provider source- Amortization
Up to 15 years
Provider source- Rate type
Fixed and floating
Provider source- Fees
CAD 175 document preparation fee, CAD 100 application fee, 2% federal registration fee; 1.25% administration fee included in the rate
Provider source- Previous purchases
Purchases within 365 days before approval are eligible
Provider source
Eligibility and provincial availability
- Provinces and territories
- Not confirmed
- Application requirements
- Not confirmed
Ask the provider to confirm residence, age, identification, income and any credit requirements that apply to this product. A listing does not guarantee approval.
Is this a fit for you?
Use the recorded details as a starting point, then compare the full cost and conditions with your needs. Product-specific benefits, exclusions and suitability have not received a separate editorial assessment on this page.
Cost of funding
Compare interest, origination charges, repayment deductions and the total cost.
Cash flow fit
Check repayment timing against your business income and seasonal changes.
Personal exposure
Ask about collateral, personal guarantees and what happens if payments are missed.
Do not treat a factor rate as an annual interest rate. Ask the provider to explain the repayment calculation.
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Sources and important limitations
Official provider information for RBC Canada Small Business Financing Loan
Terms may have changed since this information was collected. Unknown details are not confirmed, not assumed to be free or available nationwide. This is general information, not personalized financial, tax, legal or insurance advice.