PNC Equipment Finance is a leader in the golf course equipment leasing and financing industry. PNC has the expertise, leadership, capital resources and lease-financing capability to deliver the financing solutions that golf management personnel require. The company has built its reputation throughout the golf course, resort, municipal and country club industries by providing reliable, outstanding…
SubAirSystems Partners with PNC Equipment Finance for New Payment Program
Available to public, private and non-profit customers, the program can be customized to meet budget needs, with 24- to 60-month terms available on capital and operating leases for SubAir subsurface aeration and moisture-management systems and TurfBreeze™ fans. Soft costs such as destination charges, taxes, and other fees can be included in the financed amount. …
Eastern Hills CC Continues Bankruptcy Struggles
Seven months ago, the Garland, Texas club filed for Chapter 11 protection, but creditors have seen “little progress” since then, prompting the court-appointed bankruptcy trustee to employ a real estate agent at the club. The 198-acre property, valued as high as $8 million, owes $838,000 in debt, with more than half owed to the Internal Revenue Service, and has been closed for two weeks.
Skybrook Golf Club, Charlotte Golf Links Placed in Receivership
Owner of courses that are part of troubled Carolina Trail group is deep in arrears and could see properties foreclosed.
Police Shut Down Birkdale GC Over Tax Dispute
The Huntersville, N.C., club was abruptly shut down and locked up for nonpayment of taxes on July 2, in what the N.C. Department of Revenue is calling a “last resort” after judgments of $64,990 and $128,879 for the IRS went unpaid. Jeff Silverstein, owner of Carolina Trail Golf Partners, the club’s parent company, said the closure is a “misunderstanding,” and that “everything’s up to date.”