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.
|$100,001 to $3 million|
|Interest Rates||Fixed Rate or Variable Rate based on WSJ Prime|
Up to seven years
Monthly principal and interest payments automatically deducted from your business checking account
|Collateral required||Variety of machinery, equipment or other non-real estate business assets|
We’ll help make your business lending experience easy. Your PNC Business Banker will walk you through the lending process and help you gather all necessary information to apply. Enjoy the convenience of applying online, over the phone, or at any PNC Bank branch – choose the way you prefer.
After you apply, you can expect:
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:
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 person who opens an account. What this means to you: When you open an account, we will ask you for 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 documents.
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 »
Call us at 1-855-762-2365 between 8:00 a.m. and 6:00 p.m., ET, Monday through Friday to talk with a PNC Business Banking representative.
Complete the contact form below and a PNC Business Banking representative will contact you within 1 – 2 business days.
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.
All loans and lines of credit subject to credit approval and require automatic payment deduction from a business checking account. Additional fees may apply.
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, 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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