PNC Equipment Finance
Bank equipment finance group based in Pittsburgh, Pennsylvania.
Equipment leasing and lending unit of PNC Bank serving commercial, corporate and institutional clients across the US and, through PNC's Canadian branch, Canada. It offers leases and asset- or credit-based loans, sale-leasebacks and branded vendor finance programs for equipment makers, software and service providers. Focus areas include aviation, construction and industrial, transportation and technology; PNC reports more than $20 billion in equipment finance assets.
Profile
| Type | Bank |
| Headquarters | Pittsburgh, Pennsylvania |
| Website | www.pnc.com/en/corporate-and-institutional/financing/lending-options/pnc-equipment-finance.html |
| Parent | The PNC Financial Services Group |
| Coverage | International |
| Products | Equipment loans, Sale-leasebacks, Vendor finance programs, Fair market value leases, Finance ($1 buyout) leases |
| Sectors | Aviation, Construction, Transportation and fleet, Technology and IT equipment, AI and GPU infrastructure |
| Associations | Equipment Leasing and Finance Association |
| Bank lease book | $7.12B at PNC Bank, National Association, #3 of 667 U.S. banks (Q2 2026 Call Report) |
GPU and data center financings
Public financings naming PNC Equipment Finance, from the GPU Financing Tracker.
| Date | Borrower | Amount | Type | Role | Source |
|---|---|---|---|---|---|
| Sep 10, 2026 | DigitalOcean | $725M | Equipment lease | participant | SEC |
| Jul 31, 2025 | CoreWeave | $2.6B | DDTL | participant | CoreWeave |
Similar lenders
| Firm | Headquarters | Type | Focus | Published deal size |
|---|---|---|---|---|
| BMO Equipment Finance | Chicago, Illinois | Bank | Transportation and fleet, Rail | - |
| Wells Fargo | San Francisco, California | Bank | Technology and IT equipment, Rail | - |
| 1st Equipment Finance | Exeter, Pennsylvania | Bank | Construction, Transportation and fleet | $25,000 to $5 million+ |
| TriState Capital Bank | Pittsburgh, Pennsylvania | Bank | Transportation and fleet, Manufacturing and industrial | $1M to $10M |
| BciCapital | Miami, Florida | Bank | Aviation, Rail | - |
| BNP Paribas | Paris, France | Bank | Agriculture, Construction | - |
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