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Pnc equipment finance ’s asset growth trajectory remains
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PNC Equipment Finance’s asset growth trajectory remains aligned with Fitch and Moody’s stable outlook for banking entities focused on niche lending sectors. Options market activity reflects guarded optimism on sustained profitability. A soft credit check to prequalify and avoid lowering your credit score As a recognized leader of equipment financing solutions for clients throughout the United States and Canada , PNC provides vendor financing to manufacturers and dealers to offer their end-user customers an alternative to in-house financing. Upon completion of the transaction, all employees of the acquired business will be employed by PNC Bank, N.A., and the acquired loans and leases will be included in the PNC Equipment Finance business of the Corporate & Institutional Banking segment. PNC expects the transaction to be seamless for ECN Capital's clients and vendors, who will continue to work with the existing ECN Capital team. Data from June indicates PNC Equipment Finance is steadily expanding its loan book in construction and logistics sectors. This correlates with improved EPS outlook for PNC Financial Services as equipment lease demand remains consistent. Bulls see potential upside tied to infrastructure investment flows.