Construction & Land Acquisition
Growing your business may mean building a new facility, expanding an existing facility or acquiring land to develop on or invest in. At Royal Bank, we have the capital resources, business lending experience and financing flexibility to help you reach your business goals.
Our team of experienced and award-winning lenders take the time to understand your business goals, educate you on available options and work with you to find a fitting financial solution. In addition, decisions are made locally so your financial information stays local and decisions are made fast.
Contact a member of our lending team today to learn more!
Whether this is your first or fifth time building, new construction can be a complex process. At Royal Bank, we have the lending experience and unique understanding of new construction financing to guide you through the process every step of the way. Our lenders take the time to understand your needs, goals and desires to help you get where you want to be.
A new construction loan from Royal Bank provides flexible payment options during construction, allowing you to pay interest only during the construction period. Once construction is complete, explore permanent financing options.
- Competitive rates and flexible terms
- Interest-only payments during construction
- Explore permanent financing upon completion of construction
Whether you’re looking to build right away, build in the future or invest in a piece of land, a land acquisition loan from Royal Bank provides security for financing your business property. Land acquisition loans are available for any amount of acreage, from a commercial lot to 200 acres or more, and offer competitive rates and flexible terms.