Cash Flow Financing with PNC Business Credit UK

Our Creative Approach

Steel City Capital Funding serves the needs of middle-market borrowers and private equity sponsors by leveraging the capabilities of PNC Business Credit.

We are a consistent and reliable funding source through all economic cycles and we take a client-centric approach to transactions by collaborating with both regulated and non-regulated institutions.

Our team of experienced lending professionals can provide customised solutions to meet your company’s needs. We maintain relationships with dozens of well-regarded third-party financial partners that complement and expand our lending capabilities.

Lending Solutions

Cash Flow Financing

Cash flow term loans are used for market-leading businesses with an equivalent minimum annual revenue of $50+ million, EBITDA between the equivalent of $7.5 million and $50 million, funded leverage from 2.0x to 4.5x, and a working capital base that supports an asset-based revolver.

First Out Revolvers & Term Loans

First Out structures are designed for collaborating with the direct lending community to finance larger companies with an equivalent minimum annual revenue of $100+ million and EBITDA equivalent of $20+ million. Borrowers benefit from revolving bank liquidity, a competitive cost of debt and a full suite of bank products. Direct lenders benefit from yield enhancement and liquidity from the complementary PNC revolver.

$11B+

In Commitments Since 2005

365

Platforms^[1]

190

Sponsors^[1]

We Get the Deal Done

At PNC Business Credit, “Done Deal” is not just a tagline.
It’s who we are.

Consistent, creative, reliable capital in all phases of the business cycle, delivered by leading dealmakers who are experts in their field. With us, it's more than confidence of execution. It’s a Done Deal.

Business Services