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Home Deal Announcements

BizCap Secures $20MM Credit Facility for Arizona Athletic Grounds

byBrianna Wilson
July 31, 2024
in Deal Announcements

BizCap, a commercial finance advisory firm established in 2002, secured a $20 million credit facility for Arizona Athletic Grounds (AAG), a youth sports and entertainment facility in Mesa, Arizona. This financial support will enable AAG to expand its array of products and services. Additionally, the facility includes dedicated areas for cheerleading, dance, football, lacrosse and various other sports.

“Working with BizCap to secure financing was pivotal,” Chad Brownstein, chairman of AAG, said. “BizCap understood our growth objectives and successfully secured financing. Their expertise and commitment to securing favorable financing terms have positioned us well to pursue our growth ambitions.”

“Arizona Athletic Grounds is now well-positioned to pursue their growth initiatives, equipped with the financial support necessary to thrive,” Chuck Doyle, president and CEO of BizCap, said.

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