PNC Creates Sports and Entertainment Finance Group

Posted by On June - 23 - 2011 Comments Off

PNC Creates Sports and Entertainment Finance Group












Pittsburgh, PA (PRWEB) May 16, 2011

PNC Equipment Finance, LLC (PNCEF) has announced a new group to focus on the equipment financing needs of sports and entertainment businesses. The new group combines PNCEF’s former golf finance and sports venue technology finance segments.

“With our vendor-centric focus, experience and intimate knowledge of these industries, PNC Equipment Finance is well positioned to help sports and entertainment customers achieve their objectives with a full range of financing options,” said Paul Vecker, senior vice president and manager of the vendor finance business of PNC Equipment Finance. “The sports and entertainment group combines financial strength with the knowledge and understanding of today’s golf, sports media and technology industries. We will work diligently to create financing programs that meet the needs of this multi-faceted market,” said Vecker.

The new group provides financing options for turf maintenance equipment and golf cars for golf courses, country clubs, municipalities and sports fields throughout the U.S. and Canada. In addition, it offers financing for sports venue technology equipment such as video boards, score boards, production equipment and other technology-related assets for professional sports teams and other entertainment venues.

Chris L. Schauerman has been chosen to lead the group, which will be an operating unit of the vendor finance business at PNC Equipment Finance. PNC Equipment Finance, LLC, a wholly-owned subsidiary of PNC Bank, National Association, and an affiliate of The PNC Financial Services Group, Inc., offers a wide variety of financial tools for equipment financing needs, including master lease and master loan agreements which minimize paperwork and speed up the equipment delivery and funding process.

The PNC Financial Services Group, Inc. (http://www.pnc.com) is 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.

Follow @PNCNews on Twitter for breaking news and announcements from PNC.

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More Finance Press Releases

PNC Creates Sports and Entertainment Finance Group

Posted by On June - 23 - 2011 Comments Off

PNC Creates Sports and Entertainment Finance Group












Pittsburgh, PA (PRWEB) May 16, 2011

PNC Equipment Finance, LLC (PNCEF) has announced a new group to focus on the equipment financing needs of sports and entertainment businesses. The new group combines PNCEF’s former golf finance and sports venue technology finance segments.

“With our vendor-centric focus, experience and intimate knowledge of these industries, PNC Equipment Finance is well positioned to help sports and entertainment customers achieve their objectives with a full range of financing options,” said Paul Vecker, senior vice president and manager of the vendor finance business of PNC Equipment Finance. “The sports and entertainment group combines financial strength with the knowledge and understanding of today’s golf, sports media and technology industries. We will work diligently to create financing programs that meet the needs of this multi-faceted market,” said Vecker.

The new group provides financing options for turf maintenance equipment and golf cars for golf courses, country clubs, municipalities and sports fields throughout the U.S. and Canada. In addition, it offers financing for sports venue technology equipment such as video boards, score boards, production equipment and other technology-related assets for professional sports teams and other entertainment venues.

Chris L. Schauerman has been chosen to lead the group, which will be an operating unit of the vendor finance business at PNC Equipment Finance. PNC Equipment Finance, LLC, a wholly-owned subsidiary of PNC Bank, National Association, and an affiliate of The PNC Financial Services Group, Inc., offers a wide variety of financial tools for equipment financing needs, including master lease and master loan agreements which minimize paperwork and speed up the equipment delivery and funding process.

The PNC Financial Services Group, Inc. (http://www.pnc.com) is 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.

Follow @PNCNews on Twitter for breaking news and announcements from PNC.

# # #









Attachments

















Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







More Finance Press Releases

New Lender Enters US Retail and Floor Plan Marine Finance Market

Posted by On June - 19 - 2011 Comments Off

New Lender Enters US Retail and Floor Plan Marine Finance Market











Baltimore, MD (PRWEB) October 7, 2010

SGB Finance North America, Inc. announces their entrance into the retail and floor plan marine finance market in the United States. SGB Finance North America is the wholly owned subsidiary company of SGB Finance S.A. France, a finance company with over 10 years expertise in boat financing.

SGB Finance S.A. France, through its exclusive partnership with the Beneteau Group, offers retail and wholesale marine financing solutions in around 250 distributors in Europe.

“We are continuing the SGB Finance expansion due to the success we had in Europe. SGB Finance North America was created in the 4th quarter of 2009 in order to promote and create financing options for the Beneteau Group brand. We started the wholesale lending program for the Beneteau Group dealers in March 2010 and are now introducing the retail financing program on the opening day of the Annapolis Sail boat show, the largest sail boat venue in the United States which draws much international attention,” explains Hervé Bonnet, President and CEO of SGB Finance North America which is headquartered in Baltimore, Maryland.

Emmanuel Arri, Vice President of Finance and Administration for Beneteau Group North America stated “SGB Finance North America provides the competitive advantage for our dealer network to obtain favorable floor plan terms and offer retail financing options. Our customers can now take advantage of the expertise the Beneteau Group offers, including high quality and innovative boats (with our brands Beneteau, Jeanneau, Lagoon, Prestige and Monte Carlo), as well as unmatched retail financing options.”

About SGB Finance North America, Inc.

SGB Finance North America, Inc.- subsidiary of SGB Finance S.A France – is a joint-venture between CGL and the Beneteau Group. CGL France is a financial establishment founded in 1951 and is a wholly-owned subsidiary of the French Bank, Société Générale.

Société Générale is a leading worldwide bank with 157,000 employees. The SGB Finance North American headquarters is located at 1407 Fleet Street, 2nd Floor Baltimore Maryland 21231 USA. http://www.sgb-finance.us

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







New Lender Enters US Retail and Floor Plan Marine Finance Market

Posted by On June - 19 - 2011 Comments Off

New Lender Enters US Retail and Floor Plan Marine Finance Market











Baltimore, MD (PRWEB) October 7, 2010

SGB Finance North America, Inc. announces their entrance into the retail and floor plan marine finance market in the United States. SGB Finance North America is the wholly owned subsidiary company of SGB Finance S.A. France, a finance company with over 10 years expertise in boat financing.

SGB Finance S.A. France, through its exclusive partnership with the Beneteau Group, offers retail and wholesale marine financing solutions in around 250 distributors in Europe.

“We are continuing the SGB Finance expansion due to the success we had in Europe. SGB Finance North America was created in the 4th quarter of 2009 in order to promote and create financing options for the Beneteau Group brand. We started the wholesale lending program for the Beneteau Group dealers in March 2010 and are now introducing the retail financing program on the opening day of the Annapolis Sail boat show, the largest sail boat venue in the United States which draws much international attention,” explains Hervé Bonnet, President and CEO of SGB Finance North America which is headquartered in Baltimore, Maryland.

Emmanuel Arri, Vice President of Finance and Administration for Beneteau Group North America stated “SGB Finance North America provides the competitive advantage for our dealer network to obtain favorable floor plan terms and offer retail financing options. Our customers can now take advantage of the expertise the Beneteau Group offers, including high quality and innovative boats (with our brands Beneteau, Jeanneau, Lagoon, Prestige and Monte Carlo), as well as unmatched retail financing options.”

About SGB Finance North America, Inc.

SGB Finance North America, Inc.- subsidiary of SGB Finance S.A France – is a joint-venture between CGL and the Beneteau Group. CGL France is a financial establishment founded in 1951 and is a wholly-owned subsidiary of the French Bank, Société Générale.

Société Générale is a leading worldwide bank with 157,000 employees. The SGB Finance North American headquarters is located at 1407 Fleet Street, 2nd Floor Baltimore Maryland 21231 USA. http://www.sgb-finance.us

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Attachments

















Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Down payment

Posted by admin On May - 25 - 2011 Comments Off

A down payment is that the quantity paid before of delivery of the purchased smart or service, typically to demonstrate smart religion. A down payment will be related to any reasonably purchase. In land, the term down payment takes on a rather completely different which means. the great religion down payment within the usual sense is instead referred to as earnest cash, a contract deposit, or one thing similar, with the term down payment referring instead to the quantity contributed at closing by the financing buyer. the scale of a down payment on real property could be a smart live of the danger of default for the lender. The larger the down payment, the less possible the borrower is to default on a mortgage given the scale of the loss the client would incur. The minimum down payment is therefore a vital characteristic of most mortgage product.

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