All loans, lines of credit and PNC Bank credit cards are subject to credit approval. Requires automatic deduction from your PNC business checking account. Other fees and charges may apply. May be subject to a property appraisal.
Unsecured Small
Business Line of Credit
A Small Business Line of Credit with No Collateral Required
Features & Benefits
Simplified Loan Application & Decisioning Process
No Collateral
Required
Easy Funds
Access
Loan at a Glance
| Line of Credit Amount | $20,000 to $100,000[1] |
|---|---|
| Easy Access to Funds | Write a check drawn against the account, transfer funds into an eligible PNC deposit account using online banking or by telephone |
| Interest Rates | Variable, based on the Prime Rate[2] |
| Payments | Payment amount is 1.5% of the balance (or a minimum of $100) automatically deducted from your PNC business checking account |
| Value Added Extras | Your line of credit may be eligible for overdraft protection for your PNC Bank business checking account |
| Collateral Required | None |
| Annual Fee | Annual fee of $175 |
Special Community Offer
Get 1.0% off standard rates
on an Unsecured Small Business Line of Credit or Term Loan.[3]
If your business is in a Low-to-Moderate Income location, you are eligible for this great offer from PNC.
What You Need to Apply
We'll help simplify your business lending experience. Your PNC Business Banker will walk you through the lending process and help.
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 person who opens an account. What this means to you: When you open an account, we will ask you for 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 documents.
Review Our Business Lending Guidelines
Use 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.
Contact Us
Complete the contact form and a PNC Business Banking representative will contact you within 1 to 2 business days.
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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.
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The interest rate for Unsecured Small Business Loans will be fixed at a rate that is 1.0% less than PNC’s standard fixed rates in effect on the date a new, Unsecured Small Business Loan is approved. This offer applies to new Unsecured Small Business Loans between $20,000 and $100,000.
The interest rate for Unsecured Small Business Lines of Credit will be a variable rate, based on the Wall Street Journal (WSJ) Prime Rate Index, plus an applicable margin. The margin will be 1.0% less than PNC’s applicable margin in effect on the date a new, Unsecured Small Business Line of Credit is approved. The rate will fluctuate over term of the credit facility based on changes to the WSJ Prime Rate Index from time to time. The actual interest rate will be determined based upon a review of your credit application, the credit product selected and the credit facility amount.
PNC Bank reserves the right to require submission of tax returns and other business and financial information from time to time.
Not all features and benefits applicable for all products
Bank deposit, treasury management and lending products and services are provided by PNC Bank, National Association, a wholly-owned subsidiary of The PNC Financial Services Group, Inc. and Member FDIC.
PNC is a registered mark of The PNC Financial Services Group, Inc. ("PNC").
Important information: Calls to or from us may be monitored or recorded by us for security, fraud prevention, 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. Standard text message and data rates may apply.
Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.