Banking

Through our relationship with RBC Custody and Clearing, we can provide lending, banking, and cash management services, including:

Business Financing Services

AG offers a range of business financing options tailored to meet the diverse needs of clients. These solutions are designed to provide liquidity and support various financial strategies without disrupting long-term investment goals.

Securities-Based Lending: Credit Access Line

The Credit Access Line is a securities-based, demand line of credit that allows clients to borrow against their taxable investment portfolios. This facility offers a flexible source of liquidity for purposes such as real estate purchases, refinancing existing debt, business opportunities, or covering tuition expenses. Clients can access funds quickly through an online portal, with interest-only variable-rate terms providing repayment flexibility. It's important to note that securities-based loans involve special risks, including the potential requirement to deposit additional cash or securities if the value of the pledged assets declines.

Asset-Based Lending

For businesses seeking financing solutions, we offer Asset-Based Lending (ABL) services. These include revolving lines of credit and term loans secured by assets such as accounts receivable and inventory. ABL solutions provide more flexibility than traditional operating facilities, with advances of up to 90% on accounts receivable and inventory value. These facilities are suitable for companies looking for growth financing, funding mergers or acquisitions, or those in cyclical industries.

Check-writing and Debit Card Services

AG offers comprehensive check-writing and debit card services through its Cash Management Account, designed to provide clients with flexible and efficient cash management solutions.

Check-Writing Capabilities:
Clients have the ability to write checks directly from their Cash Management Account, facilitating straightforward payments and financial transactions.

Debit/ATM Card Services:

The account includes a debit/ATM card that allows clients to access funds conveniently. Enhanced security features are available, such as two-way fraud text alerts and online/mobile debit card controls, enabling clients to manage their card usage and respond promptly to any suspicious activity.

Mobile Check Deposit:
Clients can deposit checks remotely using the mobile check deposit feature, adding convenience and efficiency to their banking experience. Deposits made before 4:00 p.m. Central Time are posted the same business day, while those made after this time are available after 12:30 p.m. Central Time the following business day.

Cash Sweep Options:

Cash Management and Sweep Options

To enhance clients' cash management capabilities, we provide a Cash Management Account. This account offers features such as ATM fee waivers, online money movement capabilities, debit/ATM card controls, automated bill pay, and mobile check deposit. Additionally, the Insured Deposits program allows clients to sweep uninvested cash into interest-bearing accounts with up to $5 million in FDIC insurance coverage, ensuring liquidity and security for their funds.

These features collectively provide clients with a robust set of tools to manage their finances effectively, offering convenience, security, and flexibility in their daily financial activities.

Online BillPay

AG provides an online bill pay service through its Cash Management Account, enabling clients to manage their financial obligations conveniently.

Automated Bill Payments:

Clients can set up one-time or recurring bill payments, ensuring timely and efficient management of their financial commitments.

Integrated Account Management:

The online bill pay feature is accessible through the client portal, allowing clients to manage bill payments alongside other financial activities within a unified platform.

Enhanced Security Measures:

The platform incorporates robust security protocols, including two-step authentication, to protect clients' financial information during online transactions.

These features are designed to provide clients with a seamless and secure bill payment experience, integrating smoothly with other cash management tools offered by RBC Clearing & Custody.

Referrals for Mortgages, Home Equity Line, and Home Equity Loans

RBC Royal Bank offees home financing solutions, and there are referral programs in place for clients interested in such products

Securities-backed Lending

RBC Credit Access Line, a securities-based line of credit designed to provide clients with liquidity while allowing them to maintain their investment positions.

Flexible Credit Access: Clients can borrow against their taxable investment portfolios for various purposes, including real estate purchases, debt refinancing, business opportunities, and tuition expenses.
Competitive Rates and Terms: The line of credit offers both variable and fixed-rate options, with interest-only variable-rate terms providing repayment flexibility.
Streamlined Digital Process: Utilizing the CreditLink platform, the application and approval process is fully digital, often completed in as little as three business days. Clients can access funds quickly through an online portal.
No Setup or Maintenance Fees: There are no fees to set up, maintain, or cancel the line of credit, and no penalties if the client chooses not to use it.

Considerations:

While securities-based lending offers flexibility, it involves certain risks. Clients may be required to deposit additional cash or securities if the value of the pledged assets declines. If unable to meet equity requirements, securities pledged as collateral may be sold without prior notice. It's essential for clients to understand these risks and consult with their financial professionals to determine if this lending solution aligns with their financial strategies.

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