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SVP Credit Facility

Wireless Infrastructure Provider SVP Expands Credit Facility

New financial partners include City National Bank, Sunflower Bank and Webster Bank

StrSVP Credit Facilityategic Venue Partners (SVP), the leading provider of in-building wireless connectivity-as-a-service, has expanded its credit facility. Initially supported by TD Bank, SVP’s newest financial backers include the Bank of Hope, Sunflower Bank, Webster Bank, and City National Bank. The expanded facility will help SVP leverage its unique wireless-connectivity-as-a-service model to make wireless connectivity solutions accessible to more enterprise and venue customers across the U.S.

“We appreciate the vote of confidence our new partners have given us through this expanded credit facility. Demand for de-risked, managed wireless connectivity is only accelerating, and we look forward to leveraging this additional financial backing to support more enterprise and venue customers across the U.S.” – Justin Marron, CEO of SVP.

Wireless Infrastructure as a Service: How SVP is Transforming the Industry

SVP designs, builds, funds, owns, and operates distributed antenna systems, public safety systems, CBRS, WiFi, fiber, small cells, and other similar in-building wireless systems for venue owners and operators in healthcare, hospitality, commercial real estate, and education. It does so under fixed price, long-term managed service agreements. SVP has recently completed projects with leading healthcare, hospitality, and retail venues across the U.S., including Parkview Healthcare SystemUnibail-Rodamco-Westfield, and Resorts World Las Vegas.

From its beginning, SVP has been disrupting the market for wireless infrastructure solutions, capitalizing on surging demand for wireless connectivity across North America. For many enterprises and venues, outfitting their buildings with wireless infrastructure involves exorbitant capital expenditures for solutions that can quickly become dated as technology advances. SVP holistically solves this problem by shouldering the up-front capital investments and delivering turnkey wireless infrastructure solutions as a service. What does this mean for the company’s enterprise and venue customers? SVP’s unique model results in affordable, customizable, and future-proofed solutions that enable business leaders to meet their technology needs now as well as in the future.

SVP in the News

As a further testament to SVP’s growing influence, the company recently announced the addition of Kevin Hetrick, former AT&T executive, as its new Chief Operating Officer. With a diverse background in engineering, designing, and operating wireless infrastructure, Hetrick will play a key role in enhancing the SVP experience for its customers.

To learn more about SVP, visit strategicvenue.com.

 

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