PNC has developed turnkey, third-party commercial products for our banking clients to provide to their customers on a “white-label” basis. Clients are able to leverage our investment in technology and personnel as well as proven experience to broaden their commercial product and service offerings.
Private Label Treasury Management Services
SPG helps financial institutions deliver comprehensive Treasury Management capabilities to their clients doing business in the United States. We offer varying levels of marketing, sales, client care, billing and implementation support.
- Reduce the costs and maintenance of multiple payment systems. Our Payables Advantage solution automates a company's disbursement function with a single transmission of consolidated payment files for check, card, ACH, and wire transfer payment instructions.
- Make prompt payment while minimizing the cost and risks associated with paper checks with Automated Clearing House (ACH) services.
- Make informed check funding decisions and reduce disbursement risk with Controlled Disbursement/Account Reconciliation solutions.
- Reduce the time and costs associated with corporate card services with our Purchasing and Travel/Entertainment cards that are tailored for medium to large sized companies.
Help your clients centralize and expedite the collection of their accounts receivable with a comprehensive solution. A/R Advantage, PNC’s wholesale lockbox service, comprises an eight-site lockbox network. It is one of the largest in the United States and is top-rated in terms of performance (Phoenix-Hecht, 2013). PNC’s sites efficiently process paper (check) and electronic (ACH, wire and credit card) remittances.
Enable your clients to bill and receive payments electronically from U.S. consumers and small businesses. PayerExpress provides your clients with a website displaying their own logo, where their customers can securely view and pay their bills online.
Your clients can access account information online and on-the-go 24/7 from your desktop or mobile device. PINACLE®, PNC’s top-rated, corporate online banking portal, delivers powerful, comprehensive tools in a secure environment.
Fixed Interest Rate Swap Transaction (“FIRST”) Program
The Financial Institutions Group has developed a highly customized interest hedging program for institutions that want to expand their product capabilities in the fixed rate loan market. Regulated Financial Institutions can use the PNC FIRST Program to offer fixed rate loan alternatives to customers based on their specific borrowing needs and sophistication level.
The following fixed rate loan structures can be delivered through the PNC FIRST Program:
- Traditional Fixed – Offer a traditional fixed rate loan
- Direct Swap – Offer a floating rate loan combined with a fixed rate swap
In each case, your institution can limit interest rate risk and potentially generate fee income.
Institutional Term Loans
Through PNC, your institution has access to the C&I syndicated loan market as a strategy to enhance originations, diversify credit risk and improve spreads, while building on inherent strengths in evaluating credit risk.
PNC’s loan trading desk can offer commercial and industrial loan interests as small as $1,000,000, custom tailored to industry, duration and credit rating preferences.
The Institutional Loan Program offers an alternative investment option in the syndicated loan markets by providing fully funded, highly liquid term loans with average contractual spread of L + 300-450 basis points. There is a liquid secondary market for these credits, which carry Public/Private Debt Ratings (Moody’s/S&P).
PNC Equipment Finance, with over $9 billion in assets under management, offers asset specific financing solutions, including loans, leases, and lines of credit to both banks directly and their corporate clients.
PNC Equipment Finance has the expertise and leadership, the strength of PNC Bank's funding resources and the flexibility to deliver the asset acquisition options banks require. We can provide capital to your institution's clients for larger ticket equipment loans and leases.