DiscoverPrivate Equity FuncastARR Lending with PNC
ARR Lending with PNC

ARR Lending with PNC

Update: 2024-08-15
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Description

Devin spends an hour with Ankur Gupta, PNC's Global Head of Technology Finance, to discuss the current state of software company lending. We cover where PNC fits in the lending landscape, what a "good fit" deal looks like, what you should expect during due diligence, what covenants you should expect, and where pricing is across different lenders these days. We also cover how lenders think about Gross Retention vs Net Retention, ARR to loan values, and growth vs. profit.

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ARR Lending with PNC

ARR Lending with PNC