PNC Equipment Finance Targets Unique Needs of Sports-Video Industry
The Sports Video Group is pleased to welcome PNC Equipment Finance as its newest corporate sponsor. The company provides equipment-financing solutions to clients throughout the U.S. and Canada in the broadcast, cable, film, audio- and video-production, projection, presentation, display, and sports-facility-technology segments of the broadcast, media, and entertainment industries.
“We want to be known as the financial institution in that market,” says SVP Paul Vecker. “We understand the specific unique needs of the sports-video industry. We are experts in financing video screens and production equipment.”
PNC Equipment Finance provides financing assistance for major sports-venue and broadcasting installations, including scoreboards and other venue-related equipment, production vehicles, broadcast studios, digital advertising, and more.
“I can’t think of any other bank of our size that has actually developed this level of expertise in [the sports industry],” says Vecker. “We have a devoted group of people who understand this equipment and understand the types of credits out there.
“When we see a team, regardless of which team it is, we know what to expect,” he continues. “We know what types of credits are available, what types of equipment are out there, who the different manufacturers are, who the different system integrators are. Plus, we know the accounting nuances that a sports franchise would want to achieve out of this kind of transaction. As a result, we’re able to be more effective in this market than anyone else.”
For more information, visit PNC Equipment Finance online by clicking here.