Complete solutions to keep service providers competitive
Managed Service Solutions, a part of PNC Equipment Finance, is a recognized leader in the capital markets, building innovative programs designed specifically for the needs of the managed/outsourced service provider. Today's competitive environment requires service providers to seek alternative ways to improve their business to ensure they are aligned with the ever changing business climate. PNC provides a leading solution that helps service providers improve the way they acquire capital, eliminate risk and improve margins.
Customers are looking to service providers to supply, implement and manage complete solutions, including services and equipment, capable of cost-effectively supporting their business goals and changing environment. We have the experience, knowledge and financial strength to help you meet the challenges of staying competitive and resolving capital needs, inherent in marketing a managed service solution. Distinguished by outstanding customer service, we continue to build our reputation by creating a collaborative process that identifies our common goals and customizes the program to the requirements and your needs as a service provider.
Our unique program gives service providers the flexibility to market a total solution by offering a process to finance the equipment component of a managed services agreement. The solution leverages the credit strength of the customer to finance the equipment, and in many cases the service provider may receive up-front revenue recognition related to the equipment component as well as other financial and operational benefits.
Today, many providers directly obligate themselves to the equipment debt or pay cash, which can have negative financial effects, such as:
Benefits of the PNC Managed Service Solution Program
PNC is a registered mark of The PNC Financial Services Group, Inc. ("PNC"). Equipment financing and leasing products are provided by PNC Equipment Finance, LLC, a wholly-owned subsidiary of PNC Bank, National Association. In Canada, PNC provides equipment financing through PNC Bank Canada Branch. PNC Bank does not accept deposits from the public in Canada and is not a member institution of the Canada Deposit Insurance Corporation. Lending and leasing products and services require credit approval.
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