PNC Equipment Finance
Company Info
995 Dalton Avenue
Cincinnati, OH 45203
Cincinnati, OH 45203
Randy Houk
Primary Contact
Michael Gramaglia
Alternate Contact
PNC Equipment Finance is a:
Last Update: 01/25/2023
Core Business Focus
Company Type
Bank
Type of Funding Source/Buyer
Lender, Investor, Agent
Annual Volume Funded
3.6 Billion - 5 Billion
Credit Criteria
- Investment Grade
- Near Investment Grade
- Middle Market
- Municipal / Government
Transaction Size
Highest
Average
Lowest
$100,000,000.00
$12,000,000.00
$2,000,000.00
Lease Terms
Longest
Average
Shortest
15 years
7.5 years
3 years
Lease Structures
- Conditional Sale / Money-Over-Money
- Debt
- Leveraged Lease
- Tax-Exempt Municipal Lease
- Operating Lease
- TRAC
- Vendor Finance
Originates Paper?
Yes
Syndicates/Sells Paper?
Yes
- We have a comprehensive direct calling effort that partners with our experienced syndication team to find investors in the market.
Equipment Types We WILL Finance
- Agricultural
- Aircraft
- Automobile
- Broadcast / Video
- Buses
- Construction
- Emergency Vehicles
- Furniture / Fixtures
- Gaming
- Intermodal
- Machine Tool
- Marine
- Material Handling
- Medical
- Mining
- Rail
- Recycling
- Renewable Energy
- Software
- Technology
- Trucks and Trailers
- Utility
- Waste Removal
Equipment Types We WILL NOT Finance
- Cable / Communications
- Graphic Arts
- Laundry / Drycleaning
- Modular Buildings
- Oil and Gas
- Packaging / Plastics
- Project Finance
- Recreation / Fitness
- Restaurant
- Retail
Accepts Soft Assets?
Yes
- for investment grade "or equivalent" credits.
Lessor/ Broker Requirements
Source originates the deal directly with the Lessee, or has the ability to negotiate directly with the Lessee to document and close the transaction. The source has the ability to document (on docs approved by PNCEF) and fund the deal.
ELFA Business Councils
Bank, Independent, Captive and Vendor Finance
Start of the Fiscal Year
January