Set up a ready source of cash – for times when you need money most
Occasionally, life throws you a curveball. It could be something you were hoping for—like your ideal vacation home suddenly coming on the market. Or it could be something unexpected, such as needing to replace an expensive piece of machinery to keep your business running.
Whether you want to seize a timely opportunity or respond quickly during an emergency, you may be tempted to sell some of your investments to gain access to the cash you need right away. There may be a more practical financing solution.
You may be able to borrow money you need by pledging your portfolio assets as collateral. And there may be some real benefits to doing so, including:
- Fast, convenient and easy access to funds
- Competitive interest rates
- Keep your investment strategy in place for your long-term goals
- Borrow, repay, and borrow again as your needs change
We have several options available to help you borrow against eligible securities in your investment portfolio: RBC Credit Access Line, RBC Express Credit and RBC Premier Line of Credit.
Contact me today to learn more about how you can be financially prepared for just about anything.