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Latest PNC Bank N.A. Stories

2014-07-16 12:24:55

FORT LAUDERDALE, Fla., July 16, 2014 /PRNewswire/ -- The Singing Machine Company ("Singing Machine" or the "Company") (OTCQB: SMDM) has entered into an agreement for senior secured financing with PNC Bank, N.A. ("PNC"). Under the agreement ("PNC Facility"), PNC will provide the Company with up to $15 million dollars in asset-based lending during the Company's peak shipping season and reduce to $7.5 million from January 1 to July 31. The PNC Facility is for three years and provides...

2014-04-16 12:26:50

PITTSBURGH, April 16, 2014 /PRNewswire/ -- PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the launch of its PINACLE® Mobile App for iPad. PNC's corporate and commercial customers now have an additional tool to access their online accounts and to gain insight into their day-to-day business activities. The app is currently available free from the Apple Store. "Tablet use has grown tremendously across our customer base," said James Graham,...

2014-01-29 04:22:38

- Network extends straight-through invoice processing from purchase order to payment - PITTSBURGH, Jan. 29, 2014 /PRNewswire/ -- PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. (NYSE: PNC), announced today an enhancement to its invoice automation technology solution for mid-size and large businesses. PNC now offers expanded automation of the procure-to-pay process through electronic invoicing capabilities powered by OB10, the global e-invoicing network that is part of...

2010-04-08 14:16:00

PHILADELPHIA, April 8 /PRNewswire/ -- VantaCore Partners LP ("VantaCore" or the "Partnership") announced that it has consummated a significant acquisition financing package, consisting of $100 million of equity funding from Trilantic Capital Partners ("Trilantic") and a $15 million Acquisition Facility from PNC. PNC also provided VantaCore with a $27 million senior secured credit facility. "We are excited about this significant new source of acquisition financing and adding these two...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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