Term Loans provide a specific amount of credit to purchase assets or meet specific financing needs.The loan is paid based on a predetermined schedule or monthly principal and interest payments. Loans can be unsecured, or secured by collateral. Interest rates are generally fixed for the life of the loan.
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All loans and lines of credit subject to credit approval and require automatic payment deduction from a business checking account. Additional fees may apply.
Bank deposit, treasury management, and lending products and services are provided by PNC Bank, National Association, a wholly owned subsidiary of PNC and Member FDIC.
PNC is a registered mark of The PNC Financial Services Group, Inc.
Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.