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.

What Will I Need to Apply?

Let's Talk About Your Business Needs

Special Low Interest Rates Available until January 31, 2022

Secured Term, Owner-Occupied Commercial Real Estate, and SBA Loans. Plus no Origination Fee[1]

Loan amounts starting at $100,000

Contact your Business Banker, stop in your local branch, or call 1-800-762-5684

M-F: 7am - 10pm (ET); Sat-Sun: 8am - 5pm (ET)

Offer is not available via our online application

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 payment processing – monthly payments automatically deducted from your business checking account
  • Convenient terms – select a fixed or variable rate with a term between 2 and 7 years

Loan at a Glance

Loan amount[2]

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

Up to seven years

Payments

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
How to Apply

What You Need to Apply

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 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.

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 »

Important Legal Disclosures and Information

  1. 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.

  2. All loans and lines of credit subject to credit approval and require automatic payment deduction from a business checking account. Additional fees may apply.

  3. 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.

† 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.