PRC works with public radio organizations to secure financing for strengthening and expanding public radio services.

As industry experts in acquisitions and finance, PRC has well-established relationships with leading financial institutions and a variety of resources to facilitate the financing process. PRC completes a comprehensive analysis of both the transaction and the organizational needs to ensure that the financing will be favorable to the client.

PRC secures capital from a variety of sources: tax-exempt bonds, conventional loans, foundational support, loans and grants from donors, and seller financing. PRC is also able to secure short-term loans in the event it is necessary to acquire a station before long-term financing is secured.

PRC has successfully structured transactions to include:

  • Deferred payments
  • Capitalization of interest in the early years
  • Interest-only payments
  • Favorable interest rates

For information about PRC's financial analysis and financial scenarios, please see Business Planning.

"As a small independent station in Boulder, we talked for years about how to increase coverage of our FM signal, but kept arriving at dead ends. It wasn’t until PRC identified an available and low-priced AM station in Denver that we were able to expand our reach by 2 million. PRC made it possible for us to go from wishful thinking to actually reaching our goal."

Sam Fuqua
KGNU News and Public
Affairs Director
Denver, CO

 

Loan Checklist

This checklist covers the key factors that financial institutions consider when determining an organization's eligibility to borrow funds for an acquisition.

View Loan Checklist