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PNC Bank Canada Provides $90MM ABL to Flynn Group

November 20, 2014, 07:59 AM
Filed Under: Construction

PNC Bank Canada Branch, the Canadian branch of PNC Bank, N.A., announced the closing of a $90 million asset-based loan for the Flynn Group of Companies. The transaction includes foreign exchange and treasury management services. Based in Mississauga, Ontario, the company is using the funds for acquisition and expansion within the United States.  

Flynn is a leading building trade contractor, providing services in the institutional, commercial and industrial construction marketplace throughout North America.

PNC Bank Canada Branch is a Canadian federally-regulated full service foreign bank branch, dedicated to commercial banking. It is authorized to carry on banking business in Canada and regulated by the Canadian Office of the Superintendent of Financial Institutions.

PNC Bank is a member of PNC Financial Services Group, Inc., one of the United States’ largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.

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