BizCap® Secures $20 Million Credit Facility for Arizona Athletic Grounds

San Francisco, July 31, 2024 – BizCap®, a commercial finance advisory firm established in 2002, is pleased to announce 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.

About BizCap

BizCap® (Business Capital since 2002) is a time-tested national commercial finance and advisory firm specializing in securing customized non-dilutive credit-based solutions for rapidly growing as well as challenged middle market companies nationwide who require unique, timely and tailored financing structures to address their particular needs, especially when conventional sources of capital are not an option. BizCap is a proud supporter of Team IMPACT, a national nonprofit that connects children facing serious and chronic Illnesses with local college athletic teams, forming life-long bonds and life-changing outcomes.

Media Contact: Kylie Whetsel, kwhetsel@bizcap.com

Business Inquiries: Chuck Doyle, cdoyle@bizcap.com