| PNC Business Credit offers the best of both a full service bank and the flexibility of an asset-oriented lending approach. PNC lends working capital, and leveraged term debt for acquisition finance, recapitalizations and growth capital, with the ability to underwrite $10-$150MM. PNC is also one of the few “hybrid” lenders on the West Coast, able to lend up to 25% of the commitment amount on the transaction as an undersecured term loan without warrants or typical “B” piece financing. This unique combination structure has enabled PNC to minimize dilution for management teams, sponsors and mezzanine funds who are PNC’s valued customers. PNC Business Credit’s West Coast office is headquartered in Pasadena.
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