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News Stories (26 Results) - PNC Bank

MidCap Financial announced it has closed the acquisition of substantially all of PNC Bank's Franchise Finance loan portfolio. In conjunction with the acquisition, six members of the Franchise Finance business have joined MidCap Financial, including... Read Story
October 02, 2019, 07:26 AM


PNC Bank, National Association, announced the closing of a $42.38 million senior secured credit facility for Madison-Kipp Corporation (MKC), a portfolio company of Dallas, TX-based Trive Capital.The transaction includes a $15.775 million equipment... Read Story
September 17, 2019, 07:25 AM


PNC Bank, N.A., announced the appointment of Ramy Sidhom as President of Aviation Finance. PNC Aviation Finance is an aircraft lender, funding over $3 billion in aircraft loans and leases over the past five years, spanning all cabin sizes. Sidhom... Read Story
August 29, 2019, 07:25 AM


PNC Bank announced that in 2019 it plans to begin offering fully digital business lines of credit, up to $100,000, in an expansion of its online lending to customers and prospects in the United States.PNC’s new digital product brings together one of... Read Story
October 23, 2018, 07:25 AM


PNC Business Credit, the senior secured lending division of PNC Bank, N.A., announced three appointments to its senior secured financing team in the Upper Midwest and Western regions.  Luke Tripodi has been appointed senior vice president and... Read Story
March 16, 2018, 07:50 AM


The PNC Financial Services Group announced that E. William Parsley III has been named Chief Operating Officer effective immediately. Gagan Singh will succeed Parsley as Chief Investment Officer and continue with his current duties and Randall C. King... Read Story
February 23, 2018, 07:24 AM


PNC Bank announced the entry into a definitive agreement to acquire Fortis Advisors, a provider of private merger and acquisition post-closing shareholder representative services, having engaged in over 750 M&A transactions since 2011. Upon the... Read Story
December 21, 2017, 07:07 AM


PNC Bank has appointed Brian Bucher regional president of a newly created Port Cities region, encompassing Jacksonville, Charleston, South Carolina and Savannah, Georgia, effective Jan. 1, 2018. The introduction of the company's regional president... Read Story
October 20, 2017, 07:11 AM


Optimism among business owners about the U.S. economy and the outlook for their own businesses has reached levels never-before seen in the 15-year history of the PNC Economic Outlook, a biannual telephone survey of small- and medium-sized business... Read Story
May 08, 2017, 07:05 AM


ECN Capital announced today it has completed the previously announced sale of the company’s U.S. Commercial and Vendor (C&V) Finance business to PNC Financial Services Group (PNC) on the previously agreed terms. With the sale, ECN Capital is now a... Read Story
April 04, 2017, 07:15 AM


ECN Capital Corp. announced that it has entered into an agreement with PNC Financial Services Group (PNC) to sell the Company’s US Commercial and Vendor (C&V) Finance business for cash proceeds of approximately US$ 1.253 billion. PNC will purchase... Read Story
February 22, 2017, 07:40 AM


PNC Bank announced the appointment of Jennifer LaClair to lead PNC’s Business Banking team.Based in Pittsburgh, LaClair is responsible for leading one of the largest domestic business banks. She was most recently chief financial officer of PNC’s... Read Story
January 24, 2017, 07:18 AM


PNC Bank announced the appointment of Alex Overstrom as head of PNC Aviation Finance, a premier aircraft lender, funding over $3 billion in aircraft loans over the past five years. In addition, Keith Hayes joins the leadership team as national sales... Read Story
January 10, 2017, 07:10 AM


PNC Equipment Finance, LLC, a wholly-owned subsidiary of PNC Bank, N.A., announced the completion of its railcar solutions for corporate customers with the addition of full-service operating railcar leases. Features of this new rail solution for... Read Story
November 15, 2016, 07:10 AM


Owners of small and mid-sized businesses are upbeat about the U.S. economy amid steady expectations for their sales and hiring during the next six months, according to the latest PNC Economic Outlook Survey findings. The fall findings of PNC's... Read Story
October 11, 2016, 07:00 AM


PNC Bank, N.A., and its affiliate, PNC Equipment Finance, LLC, completed a $90 million multifaceted financing package for James Marine, Inc., a Kentucky-based provider of marine services serving the U.S. inland waterway industry. The financing pairs... Read Story
September 13, 2016, 07:11 AM


PNC Energy Capital announced the appointment of Michael L. Ziemke as vice president and senior account manager based in New York. Ziemke brings 20 years of experience in renewable energy lease financing and solar project technologies. Reporting to... Read Story
March 01, 2016, 07:10 AM


FuelCell Energy announced a $30 million project financing facility with PNC Energy Capital, LLC, a full service capital provider to the renewable energy and demand side management segments of the energy industry. This facility provides long term... Read Story
December 16, 2015, 07:02 AM


PNC Bank announced the closing of an $8.9 million asset-based revolver and term loan facility for Bright Plastics Inc.  Based in Greensboro, North Carolina, the company will use the funds to refinance existing debt and for working capital.Bright... Read Story
November 24, 2015, 07:00 AM


PNC Bank today announced the addition of Sean Unterreiner as vice president of PNC Equipment Finance for the middle market region. Unterreiner is based in Clayton, Missouri, where he provides equipment financing solutions to clients in St. Louis and... Read Story
March 19, 2015, 07:02 AM


PNC Equipment Finance announced the hiring of Jim Williams as vice president of business development with the sports and entertainment group. Williams is based in Cedar Park, Texas, and will focus on expanding PNC’s presence within the golf, sports... Read Story
December 09, 2014, 07:02 AM


PNC Equipment Finance announced the creation of a Structured Finance Solutions group to provide strategic services and creative solutions to large corporations, midsize companies and government entities around complex financial transactions. The... Read Story
September 05, 2014, 07:05 AM


PNC Capital Markets announced the creation of a Transportation and Utilities public finance capital markets team based in New York City. New hire Nic Malas, managing director, will lead this team, focusing on transportation financing and municipal... Read Story
July 28, 2014, 07:03 AM


PNC Bank announced the addition of Michael Alch as senior vice president of equipment finance’s west region team. Alch is based in the Chicago area where he will lead his team, as they provide equipment financing solutions to middle market companies... Read Story
June 03, 2014, 06:47 AM


PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. received approval today from Canada’s Office of the Superintendent of Financial Institutions (OSFI) for a license to expand commercial banking services across Canada.   Established as... Read Story
February 19, 2014, 06:59 AM


PNC Bank announced the appointment of Scott Preiser, senior account executive with the equipment finance team. Based in Boca Raton, Fla., Preiser will be responsible for developing new vendor programs targeting the medical industry. Preiser brings... Read Story
December 23, 2013, 07:05 AM