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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.

Vendor Finance Brochure

Section 179

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.


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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Our Track Record

11 Years

Average Tenure of a PNC Vendor Relationship

$8+ Billion

Assets Under Management

4th Largest

Bank-Owned Equipment
Finance Company by Assets
as of 12/31/2023

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

Read Bio »

Gerald Kirpes

Managing Director - Diversified Industries
Technology, Healthcare, Sports/Media/Entertainment,
Food & Beverage, Energy, and Communications

Read Bio »

If you’re an existing PNC Vendor Finance client with a Customer Service question, please contact:


Important Legal Disclosures & Information

Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.