We would like to introduce you to one of our business members, PNC Bank!
PNC has a dedicated charter school financing group headquartered in Philadelphia with extensive experience working with charter schools to finance facilities. The PNC Charter School Team includes both Investment Bankers from PNC Capital Markets LLC and Corporate Banking Relationship Managers from PNC Bank, N.A. Collectively, PNC has provided over $500 million in charter school financing. PNC has recently dedicated resources specifically to launch a Charter School Facilities Loan Fund to deploy up to $250 million in capital to finance charter schools. This loan fund will be used to provide interim facilities funding for high performing charter schools with the end goal of assisting schools to access long term fixed rate financing in the capital markets at optimal timing for the borrower. Additionally, the PNC further support the needs of charter schools by providing service capabilities including: Treasury Management, New Markets Tax Credit Group and Community Development Banking.
Image Credit: PNC Bank
