Business Loans in Pennsylvania

Pennsylvania is home to major cities such as Pittsburgh and Philadelphia that offer 

great opportunities for small businesses to thrive.

Although the manufacturing industry has slowed in recent years it 

is still a massive part of Pennsylvania’s economy. 

Famous for steel manufacturing, has diversified its economy over the last half-century. 

The manufacturing industry in the Keystone State is now very diverse, 

and it is not reliant on one single product.  

The state produces mass amounts of paper, machinery, plastics, metal, and pharmaceuticals.

Potomac Mutual Trust offers small business loans for Pennsylvania-based businesses operating in a wide range of industries to help them grow and scale.

Whether you prefer to apply online on your time, or over the phone with one of our funding specialists, 

we're here to help your business connect to funding. 

So, you can spend less time worrying about working capital and more time taking on the world.

• Acquire small business loans
• Refinance existing loans and credit card debt
• Purchase or refinance commercial real estate
• Buy or lease machinery and equipment
• Purchase inventory and raw materials
• Improve cash flow
• Marketing and advertising campaigns
• Upgrade technology and business software
• Renovate existing office space
• Day-to-day operating expenses

Lines of Credit as business working capital unlike bank loans, businesses are not obliged to use the entire amount granted. Instead, they can draw money in increments as needed. 

Once approved, Pennsylvania small businesses can get a credit line with a limit of $5 million. It’s a revolving credit, so a business’ credit limit goes up as they repay what they owe and goes down as they draw money. 

A business line of credit can be unsecured.  An unsecured business line of credit doesn’t require borrowers to pledge an asset, but it could be a little more expensive than secured lines of credit. 

 A merchant cash advance is usually called a loan. But technically, it’s a business cash advance based on the volume of your revenue. A merchant cash advance product allows small business owners to get an upfront lump sum, based on their revenue and creditworthiness, then repay it with a percentage of their future sales, initiating an automated repayment process.

MCAs are excellent for businesses with substantial credit card receipts, allowing them to quickly handle cash-flux or emergencies. You can also get an MCA if your small business has a cash emergency and needs business funding on the same day.

One of the most significant selling points for Business Rescue Funding is how immediately your business cash is disbursed. Potomac Mutual Trust will attempt to ensure that the money hits your bank account the same day or within a one day. 

This rapid disbursement, generally far quicker than traditional website-based borrowing methods like credit lines, is especially beneficial when your business demands immediate financing to offset emergency debts or purchase essential equipment.