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


Total Capital Deployment Since 2013


Current AUM Across 110+ Portfolio Companies [1]


New Platforms [1]


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.

Technology - Ed Tech


A portfolio company of

JMI Equity


Recurring Revenue


Acquisition Financing
& Growth Capital

Technology -
Infrastructure & Security 

SMA Technologies

A portfolio company of


Recurring Revenue


Acquisition Financing

Technology -
Human Capital Management


A portfolio company of

LLR Partners


Revolver & Term Loan


Acquisition Financing

Our Team

Industry focused dealmakers with leading experience.

Thomas Burkes
Eastern U.S. & Europe Originations

Derek Hrubeniuk
Western U.S.