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Secured Small Business Loan

With a PNC Bank Secured Small Business Loan, you can use existing business assets, or assets you're about to purchase, to secure business capital at competitive rates and flexible terms for a variety of business projects.

Get Started

Use our easy online application.

Apply Online
What will you need to apply? »
Business Lending Guidelines »

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Still have questions before you apply?

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Locate a PNC branch »

Features and Benefits

  • Save money – use business assets to secure lower loan rates and longer terms than unsecured loans
  • Cover your borrowing needs – wide range of available loan amounts
  • Easier payments – monthly payments automatically deducted from your PNC business checking account
  • Fixed-term loan – avoid open-ended borrowing with payments and a payoff schedule you can manage

Loan at a Glance

Loan amount[1]

 $100,001 to $3 million
Interest Rates Fixed Rate or Variable Rate based on WSJ Prime[2]
Loan terms

Up to seven years
Payments

Monthly principal and interest payments automatically deducted from your PNC business checking account
Collateral required Variety of machinery, equipment and other fixed business assets
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 an application.

You may want to use copies of your most recent business and personal tax returns and/or financial statements to help you gather the information listed below:

  • To apply online you must be a PNC Bank Business Banking customer. If not, you can apply at any PNC Bank branch.
  • Know the dollar amount, type of loan you are applying for, borrowing purpose and collateral information, if applicable.
  • Have available any special loan promotion offer code you may have received, if applicable
  • Information we'll need about your business:
    • Business Legal Name, Street Address, Phone Number, Email Address
    • Type of business organization, year established, date acquired by the present owner and Industry Code (NAICS)
    • Business Tax ID or Social Security number (sole proprietors only), Annual Sales/Gross Revenue, Number of Employees
  • Information we'll need about each Business Owner:
    Note: Each owner with 25% or more interest in the business is required as guarantor
    • If you are submitting your application online, you will need all of the personal information from at least one owner, and for any additional owner(s)/guarantor(s) the items marked with an asterisk below. We will contact the additional owner(s)/guarantor(s) directly to gather any missing personal information.
    • Name(s)*, Home Address(s)*, Personal Phone Number(s)*, Personal Email Address(s)*, Social Security Number(s)*, Date(s) of Birth*, Title(s), Ownership Percentage(s), Citizenship(s)
    • Government issued photo ID (Driver's License, US Passport, or a state-issued ID) may be requested for verification purposes

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 »

Related Resources

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.

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 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.

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.

The PNC Financial Services Group, Inc. All rights reserved.