Because you achieve what you can measure, several years ago we challenged ourselves at PNC to provide women entrepreneurs with increased access to capital in order to accelerate their growth and strengthen their contributions to our nation's economic health. Over seven years, we provided approximately $6.8 billion in loans and lines of credit to qualified women-owned companies - nearly $1 billion annually, on average.
Today, we're committed to exceeding this benchmark.
When "Owing" Makes Sense
Owning your own business can be liberating - and so can owing, when borrowing enables you to close a gap or increase your capacity to generate more products or services. Yet many women business owners describe themselves as "debt averse" and rely on their own business earnings for capital, which can limit growth. In fact, in the 2011 PNC Women Business Owner Economic Outlook survey, only 40% of respondents said they are willing to accept moderate risk to grow their businesses, while 60% preferred a conservative or balanced approach.
PNC is committed to providing small business lending, because we want your business to grow. We've supported the achievement of many women-owned companies. A PNC-Certified Women's Business Advocate would love the opportunity to talk to you about how we can support your company's growth, too.
If you would like to talk to a PNC-Certified Women's Business Advocate, please email us your location and contact details and you'll be connected to an advocate in your area.
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.