Welcome to Providence
Capital's online Airport Information and Service Center.
Due
to the substantial levels of investment required by capital
improvement projects, and the fiscal restraints confronting
governmental budgets, consideration is now being given to
a wider range of sources to fund the numerous capital needs
which arise throughout an airport's operation. Lease-financing,
a conservative and resource expanding funding approach, may
serve as an appropriate mechanism for equipment acquisitions
and capital projects that:
Are not eligible for grant funding;
Have a short or medium term useful
life that renders them unsuitable for funding with long
term bond proceeds; or
Can be effectively addressed without
drawing on cash reserves that can be used to fund other
economically worthwhile investments, such as congestion,
environmental, or noise-reduction projects.
Providence
Capital's lease-financing services, which are compliant with
Title 49 CFR, Part 18.36 and include tax-exempt financing
products, offer airport administrators meaningful funding
options which can augment existing resources, and contribute
to the prudent financial management of the overall enterprise.
Please browse through the Airport Service Center, and learn of the value-adding
services provided by Providence Capital. Please contact
us to discuss the suitability of our lease-financing
services for an equipment project or funding application within your
operation.
