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.
|Lines of Credit1||Term Loan1||Commercial Mortgage1|
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.
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|
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