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Flexible, Creative Capital to Get the Deal Done

Steel City Capital Funding (“Steel City”) is a specialty finance company serving middle-market companies and private equity sponsors across the United States (U.S.), Canada and the United Kingdom (U.K.). When creative financing alternatives are required, we can be a ready source of capital for growing businesses.

As a division of PNC Bank, N.A., we remain a reliable funding source through market cycles and can provide a complete suite of complementary banking products and services. We also leverage the capabilities of PNC Business Credit, the senior secured lending division of PNC Bank, N.A., and one of the asset-based lending market’s most active lenders.

Our clients are typically companies in the manufacturing, retail, wholesale, distribution and service industries with revenues over $50 million and a history of stable and sustainable revenue and cash flow.

Opportunity Profile
  • Senior debt for buyouts, acquisitions, growth capital, recapitalizations and refinancing
  • Cash flow-based senior term loans and revolvers
  • Junior secured and second lien loans
  • $5 million - $25 million target hold with ability to underwrite larger amounts
  • Maturities up to 5 years with flexible amortization schedules
  • Sponsored and nonsponsored transactions

Getting the Deal Done

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Deposits with PNC Bank Canada Branch are not insured by the Canada Deposit Insurance Corporation. PNC is a registered mark of The PNC Financial Services Group, Inc. ("PNC"). In Canada, bank deposit, treasury management and lending products and services, including PNC Business Credit products, are provided through PNC Bank Canada Branch. PNC Bank Canada Branch is the Canadian branch of PNC Bank, National Association (“PNC Bank”). PNC Business Credit is the senior secured lending division of PNC Bank and its subsidiaries, and is part of PNC. In the U.K., lending products are provided by PNC Financial Services UK Ltd., which is an indirect wholly-owned subsidiary of PNC Bank. Lending products and services, as well as certain other banking products and services, may require credit approval.

*A portion of the funding provided by Steel City Capital Funding, a division of PNC Bank. Steel City Capital Funding provides Cash flow-based senior debt, junior secured, and second lien loans for sponsored and non-sponsored transactions.

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