PNC Equipment Finance

PNC Equipment Finance is the commercial equipment leasing and financing division of PNC Bank, N.A., one of the largest banks in the United States and a subsidiary of PNC Financial Services Group. The division provides equipment loans and leases to businesses in a wide range of industries.

Equipment financing enables businesses to acquire the machinery, vehicles, technology and specialized tools they need to operate and grow without depleting cash or working capital by paying the full purchase price upfront. Instead, costs are spread over time through regular loan or lease payments.

PNC Equipment Finance offers equipment loans, which transfer ownership to the business at the end of the term, and equipment leases, which allow the business to use the equipment during the lease period with various end-of-term options including purchase, return or renewal.

PNC Equipment Finance serves businesses across many industries including manufacturing, construction, transportation, healthcare, technology and energy. As part of a major bank, PNC can offer equipment financing alongside other banking services, which may be convenient for existing PNC business customers.

PNC Bank's footprint is strongest in the Mid-Atlantic states, particularly Pennsylvania, Ohio, and the broader Mid-Atlantic and Southeast. For businesses in these regions, PNC Equipment Finance may be a practical first point of contact.

When evaluating PNC Equipment Finance, compare the terms against those offered by independent equipment finance companies, other major bank equipment divisions and any vendor financing offered at the point of sale. Rates, fees and flexibility can vary significantly between lenders, and getting multiple quotes is always advisable.