Business Equity Installment Loan

Leverage your equity to finance business growth with a loan that offers lower interest rates and longer terms than an unsecured loan.

What Will I need to apply?

Let's talk about your business needs

Features and Benefits

  • Save money - use real estate to secure lower loan rates and longer terms than unsecured loans
  • Covers your borrowing needs  - wide range of availble loan amounts
  • Easier repayment - payments automatically deducted from your PNC business checking account
  • Fixed Term loan - avoid open-ended borrowing with payments and a payoff schedule you can manage
  • Loan at a Glance

    Loan amount[1]

    $10,000 to $3 million
    Interest Rates Fixed Rate or Variable Rate based on WSJ Prime[2]
    Loan terms

    Residential real-estate: Up to twenty years
    Commercial real estate: Up to ten years

    Payments

    Monthly principal and interest payments automatically deducted from your PNC business checking account

    Collateral required Residential or owner-occupied commercial real estate
    How to Apply

    What you Need to Apply

    Applying is easy, but before you start there are a few things you will need to know or have available to successfully complete the application.

    • Have available any special loan promotion offer code, if applicable.
    • Know the dollar amount, type of loan you are applying for, borrowing purpose and collateral information, if applicable.  
    • Information about your business, such as:
      -- Business Name and Address
      -- Type of business organization and year established
      -- Business Tax ID number, Annual Sales, Number of Employees
    • Information about each Business Owner, such as:
      -- Name, Home Address, Social Security Number, Title, Ownership Percentage, Personal Financial information, Historical Information
      -- Government issued photo ID (Driver's License, US Passport, or a state-issued ID) may be requested for verification purposes
    • You may want to have copies of your most recent business and personal tax returns and/or financial statements to assist with completion of the  application.

    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 customer that opens an account. What this means for you: when you open an account, we will ask you 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 information.

    Assess Your Creditworthiness

    Review 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 Information and Disclosures

    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.

    † 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.