Pnc equipment finance sector-wide credit utilization reached
Sector-wide credit utilization reached 78%, suggesting confidence among mid-market companies despite broader macro uncertainty in U.S. equities. Cash: This includes funds held in business bank accounts This press release contains forward-looking statements regarding our outlook or expectations with respect to the planned acquisition of ECN Capital and the impact of the transaction on PNC's future performance. Emerging tech adoption in asset tracking has enhanced PNC Equipment Finance’s operational efficiency, potentially lowering overhead by 2–3% annually. Investors are recalibrating growth models accordingly, boosting sentiment.
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