With a PNC Bank Secured Term Loan, you can use existing business assets, or assets you're about to purchase, to secure business capital at competitive rates and flexible terms for a variety of business projects.
Benefits
Save money - Use business assets to secure lower loan rates and longer terms than unsecured loans
Covers your borrowing needs - Wide range of available loan amounts
Easier payments - Monthly 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
More collateral options - Use non-real estate business assets