PNC Bank, N.A. announced the following appointments to its senior secured lending teams in the Southwest and Midwest regions:

Carlos Elizondo joins PNC’s senior secured financing team as senior vice president, serving the Southwest and based in Houston. He is responsible for business development with private equity firms and middle-market companies, originating asset-based and cash flow loans. He comes to PNC with more than 20 years of commercial finance, advisory and operations experience.

Most recently, Elizondo served as a financial advisor to numerous middle-market companies, including those in distressed situations and start-ups. Elizondo earned a bachelor’s degree from the University of Texas and a master’s degree in accounting from the University of Southern California.

A 13-year PNC veteran, Timothy Swiss has transitioned to senior vice president and business development officer with the senior secured financing team. Based in Cleveland, he is responsible for business development with private equity firms and middle-market companies in Northern Ohio, originating asset-based and cash flow loans. Swiss most recently served as a group manager with the commercial banking team at PNC. Swiss earned a bachelor’s degree from Krannert School of Management at Purdue University and a master’s degree in business administration from the University of Notre Dame.