Technology Finance

Supporting sponsor-backed technology firms with recurring revenue streams.

Flexible Debt Solutions for Technology Companies

With over 10 years of software and SaaS lending experience, PNC Business Credit’s Technology Finance group is a dependable lender that offers deep sector knowledge and reliable deal execution, both domestically and internationally.

We offer flexible debt structures based on the intrinsic value of established recurring revenue streams to support various situations, including recapitalizations, acquisitions, growth capital and other unique capital needs. With a focus on consistency, you can count on the Technology Finance Group to deliver throughout all economic cycles, with a relationship-based model that takes intangibles into consideration.

Ankur Gupta
EVP & Group Head,
Technology Finance

Approach & Value Proposition

Target Investment Criteria

  • Software, technology enabled and data analytics companies
  • Mission critical solutions with high switching costs
  • Diversified recurring revenue streams
  • Companies own their own IP
  • High customer retention
  • Defensible market positions

Financing Solutions

  • Senior secured revolvers and term loans
  • Pro-rata, unitranche and 1L/2L structures
  • International scope across North America, the UK, Northern Europe, and Australia
  • Primarily sponsor backed situations
  • Balance sheet holds of $10 to $100MM
  • Expertise across various technology subsectors

$14B

Total Capital Deployed
Since 2013

$5.4B

Current AUM Across Portfolio Companies [1]

285+

Platforms [1]

260+

Portfolio Upsizes [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.

Primary Logo

A portfolio company of

Secondary Logo

Seismic

Technology - CRM & Marketing

$500MM+

Administrative Agent

Senior Secured Credit Facilities
General Refinancing &
Growth Capital

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A portfolio company of

Secondary Logo

inx

Technology - Vertical Software

UNDISCLOSED

Senior Secured Credit Facilities



Acquisition Financing

Primary Logo

A portfolio company of

Secondary Logo

CRUNCHTIME!

Technology - Vertical Software

UNDISCLOSED

Revolver & Term Loan




Acquisition Financing

Our Team

Industry focused dealmakers with leading experience.

Chris Duranto
Head of Originations

Alex Feo
Eastern U.S. / UK / Europe Originations

Derek Hrubeniuk
Western U.S. & ANZ Originations

Kevin Thompson
Central & Southeast U.S. Originations