Carlos Elizondo and Timothy Swiss have been appointed to PNC Bank’s senior secured lending teams in the Southwest and Midwest regions, respectively.

Elizondo 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.

A 13-year PNC veteran, 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.