June 19, 2012
CLEVELAND - PNC Equipment Finance and CEFMA have announced that PNCEF has joined CEFMA as Platinum Sponsor for the 2012-13 fiscal period. Under the sponsorship agreement PNCEF will be a featured sponsor and vendor at CEFMA events and will offer customized equipment financing for CEFMA members and at their respective athletics venues and facilities.
Just as professional sports venues have invested heavily in state-of-the-art equipment and technology, colleges and universities also seek to upgrade stadiums, arenas and athletics facilities with a wide range of equipment, technology, systems and services that enhance the collegiate fan experience as well as generate significant franchise value to the university. Some of these new technologies include seamless integration of expensive broadcast facilities, master control and IPTV systems, High Definition scoreboards and screens, digital display networks, advanced sound systems and PA integration, long-life lighting systems, wireless technology and services, enhanced security monitoring systems, seating, luxury box technology, synthetic playing surfaces, portable-removable flooring, concession equipment and much more.
PNC Equipment Finance, headquartered in Cincinnati, is a subsidiary of The PNC Financial Services Group (NYSE: PNC). It is the fourth largest bank-affiliated leasing company in the U.S. PNC Equipment Finance, ( PNCEF ), offers a wide variety of financial tools, including master lease and loan agreements, tax exempt municipal financing, and commercial finance & leasing. PNC Sports & Entertainment Finance Group works with leading athletic facility equipment manufacturers and suppliers to provide collegiate athletic directors with budget and cash flow solutions that spread the cost of equipment and technology over multiple budget periods.
"With our focus, experience and intimate knowledge of sports and entertainment venues PNC Equipment Finance, through PNC Sports & Entertainment Finance Group, is well positioned to assist CEFMA members who, as athletics directors and associate athletics directors, are charged with the responsibility of maintaining and upgrading their collegiate venues and facilities, to achieve their objectives with a full range of financing and budget alternatives," said Chris Schauerman, senior vice president of PNC Equipment Finance- Sports & Entertainment Finance Group. "We are extremely excited to participate with CEFMA as a Platinum sponsor and look forward to the opportunity to serve CEFMA members with customized financial solutions.
About CEFMA: CEFMA is dedicated to the needs of collegiate level event and facility professionals and the challenges that exist within the scope of their responsibilities. CEFMA will seek to promote the growth, leadership, integrity and success of administrators and professional staff in collegiate athletics. The Association is administered by NACDA, which is now in its 47th year. NACDA is the professional and educational association for more than 6,500 college athletics administrators at more than 1,600 institutions throughout the United States, Canada and Mexico. More than 2,300 athletics administrators annually attend the NACDA Convention.
PNC Equipment Finance is a national, high-growth, multi-channeled equipment finance company, headquartered in Cincinnati, Ohio, that provides a broad array of products and services to both new and existing customers and markets. PNC Equipment Finance is a wholly-owned subsidiary of The PNC Financial Services Group, Inc.
The PNC Financial Services Group, Inc., headquartered in Pittsburgh, Pennsylvania, is one of the nation's largest diversified financial services organizations providing consumer and business banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.