PNC Bank, N.A. announced the addition of Michele Scafani, senior vice president and senior business development officer with the senior secured financing team in the Western Region.  Based in San Francisco, Scafani will be responsible for business development focused on sponsor-backed software companies and hybrid asset-based/cash flow lending structures for middle-market companies.

Scafani comes to PNC with 20 years of experience with financial institutions.  Most recently, Scafani spent ten years at MUFG Union Bank as the national underwriting manager in the asset-based lending group. She was previously with GE Capital and Bank of America. Scafani earned a bachelor’s degree in business economics at the University of California Santa Barbara.

PNC Bank, N.A. is a member of The PNC Financial Services Group, Inc., one of the nation’s 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.