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.
All loans and lines of credit subject to credit approval and require automatic payment deduction from a business checking account. Additional fees may apply.
Offers available on new business term loans only. Offers may be extended, modified or discontinued at any time without prior notice. All loans and lines of credit are subject to credit approval. Requires automatic deduction from a business checking account. Offer not to be combined with other offers.
Applications must be received by January 31, 2022, and loans must be closed within 90 days of approval. Discount based on loan amount, term, and amortization schedule on a new Secured Small Business Loan and Small Business Commercial Real Estate Loan from $100,001 to $3,000,000, or SBA 504 or 7(a) Small Business Loans from $100,000 to $5,000,000. Your actual rate will be based upon a review of your credit application. 100% waiver on standard PNC Origination fee. Other fees and charges may apply. May be subject to property appraisal. Offer does not include a waiver on third-party costs or SBA Loan Fees. Refinances of existing PNC business loans are excluded.
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.
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