PNC Financial Services Group has reached an agreement with Microsoft to provide financing solutions to small and medium-sized businesses that acquire Microsoft software licenses and services. The financing will be managed through its technology finance group within PNC Equipment Finance (PNCEF).
PNCEF is a provider of equipment financing solutions to clients throughout the US and Canada. Through its vendor finance platform, PNCEF offers customized, convenient financing models and processes that meet the diverse needs of its vendor clients.
Vincent Rinaldi, president and CEO of PNCEF, said: “PNC is committed to helping all of our customers achieve their business goals. Through effective teamwork by PNC and Microsoft, many businesses will have access to viable financing solutions to help them remain on the front lines in today’s competitive business environment.”
Brian Madison, general manager at Microsoft, said: “As part of Microsoft’s commitment to providing customers with simple, convenient and affordable ways to acquire IT, we are pleased to be working with PNC. PNC has an outstanding operating platform and service culture that will enable our partners and sales teams to deliver a great customer experience in the small and mid-market segment in the US.”