TEQlease Capital, a nationwide provider of equipment lease financing solutions, announced today that the company has provided San Diego Sol Basketball Club, a 13 year old basketball club located in San Diego, California, with lease financing for portable basketball courts.
“In order to meet the demand for the basketball club, we needed additional courts. The portable courts are used for tournaments so we do not have to rent facilities. These courts are setup inside hotels which allows players, coaches, and parents a stay and play experience,” said Tony Allen, founder of San Diego Sol Basketball Club. “TEQlease Capital was also able to structure the lease in a manner that the other lease financing providers could not.” “We are very pleased that we were able to put together a flexible equipment financing package that San Diego Sol Basketball Club needed for its portable basketball courts,” said Mike Lockwood, president of TEQlease Capital. “San Diego Sol Basketball Club is the largest basketball club in San Diego. Our firm is committed to working with organizations such as San Diego Sol Basketball Club to provide customized equipment lease financing solutions for any of their equipment acquisitions.”