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BizCap Secures $20MM Credit Facility for Arizona Athletic Grounds

July 31, 2024, 07:47 AM
Filed Under: Entertainment
Related: BizCap, Chuck Doyle

BizCap® announced its instrumental role in securing a $20 million credit facility for Arizona Athletic Grounds (“AAG”), the leading youth sports and entertainment facility in Mesa, Arizona. This financial support will enable AAG to expand its array of products and services, catering to athletes and sports enthusiasts of every generation.

Arizona Athletic Grounds features a versatile sports and entertainment complex spread across 280 acres, offering more than 150 playing surfaces. These include 57 volleyball courts (both indoor and outdoor), 41 pickleball courts, 24 soccer/multipurpose fields (with both grass and synthetic cork turf), 16 basketball courts, 8 baseball/softball fields, and 6 indoor soccer courts. Additionally, the facility includes dedicated areas for cheerleading, dance, football, lacrosse, and various other sports. AAG hosts a wide range of activities such as practices, scrimmages, camps, matches, and tournaments across multiple athletic disciplines, emerging as a premier destination for youth sports and entertainment in North America.

Chad Brownstein, Chairman of Arizona Athletic Grounds, said, “Working with BizCap® to secure financing was pivotal. 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,” said Chuck Doyle, president and CEO of BizCap®.

With this financing, BizCap® has once again proven its capabilities and commitment to assisting companies in achieving their financial goals. The success of this transaction further solidifies BizCap®’s reputation as a trusted partner dedicated to providing exceptional service and results for its clients.







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