What You Need to Apply »
Loan Type Benefits
Uses the value of receivables, inventory or equipment to obtain larger short-term working capital financing
Typical Uses
Larger short-term capital needs, seasonal inventory, growing receivables
Account Features & Fees
Minimum Line Amount+1
Maximum Line Amount+1
Collateral Requirement
Non-Real Estate business assets
Term
Interest Rates
Variable, based on the Prime Rate[2]
Annual Fee
0.25% of committed line amount
Payments
Monthly interest-only payments during revolving credit period. Principal payments can also be made at any time.
Required automatic monthly payment from PNC business checking account
Funds accessible by check, online transfer or telephone
View balances, transactions and make payments online
Provides optional Overdraft Protection to PNC business checking account