Small Business
Small Business
Business Equity Line of Credit
Provide capital for your growing business by using the equity in your home or company building as collateral. Or use them both. A Business Equity Line of Credit1 offers a variable interest rate based on Prime Rate2 on a revolving line of credit with longer draw down and repayment periods than typical lines of credit.
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Loan At A Glance
Line of Credit amount $10,000 to $1 million
Easy access to funds Write a check drawn against the account, or transfer funds into an eligible PNC deposit account using online banking or by telephone 
Interest Rates Variable, based on the Prime Rate2
Renewal requirement No annual renewal required.3 Seven year revolving credit period, followed by ten-year repayment period
Payments Monthly interest-only payments automatically deducted from your PNC business checking account during revolving credit period. Principal payments can also be made by the borrower at any time.
Value added extras Provides optional overdraft protection for you PNC Business checking account
Collateral required Residential or owner-occupied commercial real estate 

  • Choice of Real Estate collateral - use equity from your home or your business building
  • Longer revolving credit terms - no annual renewal required, seven year revolving credit period
  • Interest only payments - no principal payments required during revolving credit period
  • Fast and Easy access - transfer funds online, by telephone, or write a check against the line amount
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. 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.
3. PNC Bank reserves the right to require submission of tax returns and other business and financial information from time to time.

Bank deposit products and services provided by PNC Bank, National Association. Member FDIC

Equal Housing Lender