Business Equity Line of Credit

Provide capital for your growing business by using the equity in your home or company building as collateral. 

What Will I need to apply?

Let's talk about your business needs

Features and Benefits

  • Choice of Real Estate collateral - use equity from your home or your business building
  • Longer revolving credit terms - no annual renewal required, seven year revolving credit period
  • Interest only payments - no principal payments required during revolving credit period
  • Fast and Easy access - transfer funds online, by telephone, or write a check against the line amount

Loan at a Glance

Line of Credit amount

$10,000 to $999,999[1]
Easy access to funds Write a check drawn against the account, or transfer funds into an eligible PNC deposit account using online banking or by telephone 
Interest Rates Variable, based on the Prime Rate[2]
Renewal requirement No annual renewal required.[3] Seven year revolving credit period, followed by ten-year repayment period
Payments Monthly interest-only payments automatically deducted from your PNC business checking account during revolving credit period
Value added extras Provides optional overdraft protection for your PNC business checking account
Collateral required Residential or owner-occupied commercial real estate 
Annual Fee Annual fee of 0.25% of committed line amount
How to Apply

What You Need to Apply

Applying is easy, but before you start there are a few things you will need to know or have available to successfully complete the application.

  • Have available any special loan promotion offer code, if applicable.
  • Know the dollar amount, type of loan you are applying for, borrowing purpose and collateral information, if applicable.  
  • Information about your business, such as:
    • Business Name and Address
    • Type of business organization and year established
    • Business Tax ID number, Annual Sales, Number of Employees
  • Information about each Business Owner, such as:
    • Name, Home Address, Social Security Number, Title, Ownership Percentage, Personal Financial information, Historical Information
    • Government issued photo ID (Driver's License, US Passport, or a state-issued ID) may be requested for verification purposes
  • You may want to have copies of your most recent business and personal tax returns and/or financial statements to assist with completion of the application.

Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each customer that opens an account. What this means for you: when you open an account, we will ask you your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying information.

Review our Business Lending Guidelines

Use our Business Lending Guidelines to help you better assess your creditworthiness when applying for new or additional revolving or fixed-term financing. These guidelines are not the only criteria for a final credit decision, but they will empower you to better understand your financial position in the context of PNC’s business lending practices.  Read Guidelines »

Important Legal Disclosures and Information

  1. All loans and lines of credit subject to credit approval and require automatic payment deduction from a business checking account. Origination and annual fees may apply.

  2. Prime Rate means the highest prime rate published in the "Money Rates" section of the Wall Street Journal for the last day of the preceding calendar month.

  3. Annual fee of 0.25% of committed line amount. PNC Bank reserves the right to require submission of tax returns and other business and financial information from time to time.

equal housing lender

Not all features and benefits applicable for all products

Bank deposit, treasury management, and lending products and services are provided by PNC Bank, National Association (N.A.), a wholly owned subsidiary of PNC and Member FDIC.

PNC Bank is a registered mark of The PNC Financial Services Group, Inc.


PNC’s Retail Bank currently operates in all or part of the following States: Alabama, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Virginia, Washington DC, West Virginia and Wisconsin.  If your business is located outside of PNC’s servicing area, then please call us at 1-855-762-2365 for further assistance.


† Important information: Calls to or from us may be monitored or recorded by us for quality control and training purposes. By providing your phone number and/or email address, you consent and agree to receive phone calls and electronic mail from PNC, its affiliates and designees.