Technology Finance

Supporting sponsor-backed technology firms with recurring revenue streams.

Our Approach

The Technology Finance group at PNC Business Credit offers creative capital solutions tailored around the intrinsic value of recurring revenue streams of SaaS, On-Premise Delivery and other technology firms.

Technology meeting


Software-as-a-Service and subscription delivery models are a proven and viable option for technology companies. They can secure long-term customer relationships and a dependable revenue stream. As your private equity group builds solid software companies, you need a capital provider that is familiar with your investment needs.

The Technology Finance group at PNC Business Credit has developed capital solutions that can help meet the growth and financial objectives of companies with recurring revenue. If your firm backs an enterprise software or technology-enabled company, we may be able to offer senior debt based on the intrinsic value of established recurring revenue streams. We deliver solutions consistently throughout the economic cycle with a relationship-based model that takes intangibles into consideration.

Lending Criteria

Delivering capital solutions for technology firms with recurring revenues through the cycles with a relationship-based model that takes intangibles into consideration.

Target Investment Criteria

  • Software, technology enabled and data analytics companies
  • Mission critical solutions with high switching costs
  • Diversified recurring revenue streams
  • Companies own their own IP
  • High customer retention
  • Defensible market positions

Financing Solutions

  • Senior secured revolvers and term loans
  • Pro-rata, unitranche and 1L/2L structures
  • International scope across North America, the UK, Northern Europe, and Australia
  • Primarily sponsor backed situations
  • Balance sheet holds of $10 to $100MM
  • Expertise across various technology subsectors

We Get the Deal Done

At PNC Business Credit, “Done Deal” is not just a tagline.
It’s who we are.

Consistent, creative, reliable capital in all phases of the business cycle, delivered by leading dealmakers who are experts in their field. With us, it's more than confidence of execution. It’s a Done Deal.

Technology - Vertical Software
 


AMCS

A portfolio company of

INSIGHT Partners

Recurring Revenue

Growth Capital

Technology -
Human Capital Mgmt


ELMO

A portfolio company of

K1 logo

Recurring Revenue

Acquisition Financing

 

Technology - Data Analytics
 


GWI

A portfolio company of

PERMIRA

Recurring Revenue

General Refinancing

Let's Talk

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