2023 was an outstanding year of growth and development for PNC Business Credit. As you can see from the overview of our lending structures below, we are firmly positioned as a leading senior secured lender in the UK for growth-focused mid-market companies. We have achieved this by doing what we do best — delivering flexible solutions that fit clients’ and sponsors’ strategic needs, driving innovation, and providing that most important of qualities, confidence of execution.

I am extremely proud of our fantastic team. Regardless of our growth, we will always remain true to our philosophy of ensuring that clients and sponsors have full access to the team at every level, offering that strength in decision-making for which we are renowned. We have continued to invest in the future with our graduate scheme, which launched in 2021, and strive to support and create the leaders of tomorrow.

We continue to live in interesting times. Getting the deal done with us is just the start. We are dedicated to building long-term partnerships with our clients, delivering full economic cycle expertise and deep sector knowledge, to ensure that change can be grasped positively and utilised to competitive advantage.

I would like to extend my sincere thanks to our team and to you, for contributing to our success story so positively in 2023. Let’s get your deals done in 2024!