Our Process

The progression from loan request to loan approval is a simple process with four basic steps:

1. Project Eligibility
   A PCI staff member will discuss the loan request with the prospective borrower or referral source to determine if it is eligible for a PCI loan based upon PCI's target markets and the merits of the request.
2. Financial Underwriting
   The completed loan application will be analyzed to evaluate whether the requested loan will benefit the project and be a sound investment for PCI.
3. Investment Committee Approval
   PCI staff will present the loan proposal for approval at PCI's monthly Investment Committee meeting.
4. Loan Commitment & Closing
   Loans approved by the Investment Committee receive a commitment letter that outlines the steps necessary to proceed to a loan closing.