EQUIPMENT FINANCING FOR SPORTS AND ENTERTAINMENT VENUES AND FACILITIES

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Russ Munson

COLLEGE & UNIVERSITY VENUES & FACILITIES FINANCING

COLLEGIATE SPORTS AND ENTERTAINMENT FACILITIES
Colleges and universities invest in intercollegiate athletic facilities and on campus, intramural athletic facilities including fitness centers, locker rooms, training rooms, etc. Intercollegiate athletic facilities include stadiums, arenas, and aquatic centers. University entertainment venues include performing arts centers, concert halls, live stage and event venues, production facilities, campus radio and TV stations and related facilities.  Additional facilities which require equipment include administrative offices, campus classrooms, dormitories, cafeterias, libraries, laboratories, athletic centers, distance learning centers and much more.

TECHNOLOGY ON CAMPUS:

Equipment, technology, systems and software for sports and entertainment venues includes everything from HVAC, and water treatment systems to ticketing systems, security control and monitoring cameras, campus TV and radio station broadcast technology, athletic fitness center systems, stadium and arena HD scoreboards and digital displays, sound reinforcement, stadium broadcast control centers, seating, lighting, portable flooring and synthetic turf, campus theater & staging technology and administrative management software in sport and entertainment arenas and facilities.  

BENEFITS OF FINANCING TO THE UNIVERSITY:

* preserves capital and cash for operations and growth

* matches the timing of technology costs to the timing of revenues and cash flow

* hedges inflation by paying for today's costs with current dollars and future costs with future dollars

* helps manage the uncertainties of a changing economic environment with a fixed budget solution


BENEFITS OF CUSTOMER FINANCING TO THE VENDOR:

* spread costs over multiple budget periods

* present an Operating Budget solution to a Capital Budget problem

* Features a monthly payment vs. the competitors total price

* Bundles all costs into a single, budgeted, monthly payment



Seating, sound, lighting and scoreboard
Stage and Theater
Campus Fitness Center

The information provided herein and the opinions expressed within this website are expressly those of the author. As such they do not necessarily represent those of any other party, person, or organization. This website does not claim or purport to provide any type of accounting, legal or tax advise. The reader is encouraged to check with his or her accountant, CPA or lawyer for such professional advice and expertise. For more information about equipment financing, leasing or technology acquisition solutions contact Russ Munson via email at russ.munson@pnc.com  or call 800-607-9830.

Budget Stretching Solutions For Sports and Entertainment Venues