Accolades abounded for PNC Executive Vice President and Special Advisor to the Chairman Sy Holzer, honored with the 2017 Chairman’s Award for his leadership in education, healthcare, community and charitable endeavors during the March 17 American Ireland Funds Gala at Heinz Field.
“There’s no one attending more charity events doing more charity work for more people,” added Pittsburgh Penguins CEODavid Morehouse, who arrived with his wife, Vanessa.
PNC Bank announced in a release that in 2019 it plans to begin offering fully digital business lines of credit, up to $100,000, in an expansion of its online lending to customers and prospects in the United States.
PNC's new digital product brings together one of the nation's largest banks and OnDeck (NYSE: ONDK), which provides the online lending platform. PNC will utilize OnDeck's Platform-as-a-Service (ODX) to simplify and accelerate the conventional lending originations processes for PNC Bank's small and medium-sized business customers.
PNC will combine its extensive product and credit expertise with ODX's online origination technology and professional services to create PNC Small Business Lending, a fully digital, online business credit origination solution.
searching for simpler, easier and quicker means to apply for and receive funding, and to that end, PNC is investing in this new avenue to find solutions that work for them," said Lakhbir Lamba, head of retail lending at PNC Bank in a release. "Our relationship with OnDeck is PNC's first opportunity to leverage the services of a fintech company in a platform-as-a-service model that will make it easier for businesses to borrow from us in order to support their growth."
said Lakhbir Lamba, head of retail lending at PNC Bank in a release


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