There are many advantages of PMC's loan programs. PMC is a national direct lender specializing in only small business loans. All programs are permanent loans with either floating or fixed interest rates for defined periods. Terms of up to 25 years are available. A wide range of loan products are available.
Commercial lending is our only business.
Unlike banks, PMC does not require re-appraisals, ongoing debt coverage minimums or other financial performance covenants. Banks can demand the pay-off of your loan during periods of economic recession. The loans are made to owner operated businesses such as manufacturers, service providers, retail stores, franchises, restaurants, hotels, and many other businesses. Loans are fully amortized with no balloons and no calls. SBA receives a prepayment penalty that is reduced as the loan seasons.