Small Business
PNC Advantage for Agriculture
Agriculture Business Loans

Whether you need financing for crops, livestock, real estate or major equipment acquisitions, we can provide customized credit solutions1 to help keep your cash flow predictable. We also offer leasing solutions that are competitive and tailored to meet the needs of your operation. 

Learn more about PNC's business credit solutions, or contact a PNC Agricultural Banker near you.

  Lines of Credit1 Term Loan1 Commercial Mortgage1
Features

Flexible borrowing instruments used to finance periodic borrowing needs without reapplying each time. 

Borrow against a Line of Credit up to your credit limit and pay it back as frequently as needed. 

Can be unsecured, or secured by collateral that can range from accounts receivable and inventory to real estate.

Provide a specific amount of credit to purchase assets or meet specific financing need.

Loan is paid based on a predetermined schedule or monthly principal and interest payments. 

Can be unsecured, or secured by fixed asset collateral. 

Interest rates are generally fixed for the life of the loan.

Used to purchase or refinance your owner-occupied commercial property.

With our expedited application processing, PNC Commercial Mortgage loans are an easy solution for your agriculture business.

Benefits

Easy access to ready-on-demand credit for short term borrowing or unexpected growth opportunities

Flexible repayment options to manage the peaks and valleys of cash flow

Credit for seasonal inventory purchases or temporary working capital

Overdraft protection for up to two PNC business checking accounts

Longer term credit for expansion projects, equipment or building purchases

Predictable repayment terms over a fixed period of time

Fixed or variable rate financing options

Wide range of available mortgage amounts and maturity terms

Easier payments: no checks to mail or trips to the bank; loan payments are automatically deducted from your PNC business checking account

Competitive fixed-interest rates:  avoid fluctuating payments associated with variable rates

Fixed-term loan: avoid open-ended borrowing with payment amounts and a payoff schedule you can manage

Loan Amounts Available $5,000 up to $3MM2 $5,000 up to $3MM2 $10,000 up to $3MM2
Loan Purpose Near term cash needs to support crop production, equipment purchases & repairs, and livestock purchases. Longer term credit for large equipment purchases, livestock and other business needs. Mortgage loans for purchasing farmland, refinancing a current mortgage, or expanding/improving current operations.
Payment Terms Interest only payable on a monthly, quarterly, semi-annual or annual basis. Flexible principal and interest repayment structure, including payments on a month, quarter, semi-annual or annual basis. Flexible principal and interest repayment structure, including payments on a month, quarter, semi-annual or annual basis.
Collateral Secured by personal or business assets, or a blanket lien on farm or agri-business assets Secured by personal or business assets, or a blanket lien on farm or agri-business assets Secured by Agriculture Real Estate
Terms Annual maturity and resting period (i.e. no usage of the Line for 30-days) Up to 7 years Up to 10 years with as much as a 20 year amortization
Overdraft Protection
Yes3

Not Applicable

Not Applicable

 

1. All loans and lines of credit subject to credit approval and require automatic payment deduction from a PNC Bank business checking account. Origination and annual fees may apply. 
2. Higher amounts may be considered.
3. Available for qualifying Lines of Credit typically for $3MM or less