PNC Vendor Finance
Programs to Help Build Sales, Accelerate Payments, Maintain Margins, and Increase Share
Our extensive knowledge and experience, combined with a commitment to drive profitability is the difference that shows up in your bottom line.
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The PNC Vendor Finance Advantage
Move more equipment at increased margins.
North America’s leading equipment manufacturers, systems developers, dealers, and distributors count on PNC Vendor Finance to help build sales and create a competitive advantage by offering their customers fast, easy, and affordable financing solutions.
Our team delivers built-to-spec finance programs, designed to meet our clients’ needs and help transform their business today to meet future demand.
- Vendors want to make their products easy for their customers to acquire and use now — and to be ready to assist customers upgrading to next-generation equipment or technology.
- A PNC Vendor Finance program makes closing easy and affordable — with fast point-of-sale decisions — while enhancing and strengthening customer relationships.
Every Finance Program is Unique
Designed to meet your individual needs.
Creating a finance program for your product and your distribution channel is not a cookie-cutter process.
- We begin by listening to learn all we can about your marketplace position, your products and services, the competitive obstacles you need to overcome, your sales process and distribution channels, and challenges you may have had working with other finance organizations.
- We do our best to see things from your point of view. Then, will we begin to tailor a solution that will meet your distinct requirements.
- We work with you and your team to refine every detail and process — before we enter into an agreement and launch our jointly designed program to your distribution channels and your customers.
Industry Segments
Diverse experience. Industry specific.
Agriculture
Our focus on customer service has led to long-term relationships with manufacturers that provide vital equipment to agribusiness - farming, production and processing - as well as to the ranching and forestry industries.
Construction & Industrial
Outstanding dealer and distribution channel support has led to lasting relationships with manufacturers that provide vital equipment - from excavators to cranes and portable power - to build everything from highways to hospitals.
Food & Beverage Processing/Packaging
Commercial food-processing machinery, as well as packing, packaging and bottling equipment, reaches from processing crops to livestock, baked goods, fish and seafood, frozen foods, snack foods and beverages.
Golf
From golf courses and country clubs to resort properties and municipalities, manufacturers and distributors require finance solutions that get equipment to customers quickly and affordably.
Healthcare
From diagnostics and imaging to patient care, manufacturers in all healthcare segments require finance solutions that get equipment and required systems to providers quickly and affordably.
Renewable Energy
Companies built on a culture of innovation
and entrepreneurial spirit require financial solutions to meet the power generation demands of some of the world’s richest wind, solar, geothermal and hydro resources in North America.
Sports, Media & Entertainment
Manufacturers of lighting, sound and video, and digital display - or grounds maintenance equipment and venue management systems - are essential for player safety, spectator experience and facility growth.
Technology & Office Equipment
Technology equipment manufacturers, software developers, service providers and resellers require the delivery of creative finance solutions to customers through multitiered distribution channels.
Transportation
From trucks, dry vans, reefers and tank trailers to refuse trucks and occupational vehicles, our experience keeping products and services on the move in North America is unsurpassed.
Our Track Record
11 Years
Average Tenure of a PNC Vendor Relationship
6+ Billion
Assets Under Management
3rd Largest
Bank-Owned Equipment
Finance Company by Assets
as of 12/31/2022
Richard Karich
Senior Vice President & Managing Director
Construction, Industrial, and Transportation
PNC Vendor Finance
Richard Karich is Senior Vice President and Managing Director for the Construction, Industrial, and Transportation Group within the PNC Vendor Finance organization. He oversees new business development, sales, program management, and marketing for manufacturer partner programs. Karich is also responsible for the management of the Structured Finance group.
Karich joined PNC in 2014 through the acquisition of ECN Capital and has over three decades of experience in the industry. He was awarded the Vendor Finance Salesman of the Year in 2019 and the C&IB Sales Excellence Award in 2020.
Karich received his bachelor’s degree from Northern Illinois University’s College of Business.
Gerald Kirpes
Managing Director - Diversified Industries
Technology, Healthcare, Sports/Media/Entertainment,
Food & Beverage, Energy, and Communications
PNC Vendor Finance
Gerald Kirpes is Senior Vice President and Managing Director for Diversified Industries within the PNC Vendor Finance organization. He is responsible for overseeing partner programs in Technology, Healthcare, Sports, Media & Entertainment, Food and Beverage Processing and Packaging, and Energy and Communications.
Kirpes joined PNC in 2009 as a Business Development Officer in Business Credit. For eight years, he served as the Midwest Region Sales Manager before joining Vendor Finance in 2020. Kirpes has more than 35 years of experience in vendor equipment finance, middle market asset-based lending, and leveraged cash flow lending. He began his career as a financial analyst with International Funding Corporation in Chicago and has held positions with major financial institutions.
Kirpes received his BBA in Finance from the University of Iowa and his MBA from the Haas School of Business at the University of California, Berkeley.
Contact Our Team
Richard Karich
Senior Vice President
Managing Director
Construction, Industrial, and Transportation
rkarich@pnc.comGerald Kirpes
Managing Director - Diversified Industries
Technology, Healthcare, Sports/Media/Entertainment,
Food & Beverage, Energy, and Communications
gerald.kirpes@pnc.comImportant Legal Disclosures & Information
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