Daventry-based Medialease, which provides specialist asset finance services to firms working in broadcast, live events and audio visual, has secured over £300,000 in funding from Hampshire Trust Bank for a range of media equipment and providers.
The assets that have been financed include an £182,000 INFiLED Screen for an event management company, a £97,000 Superfly Line Array Speaker System for an audio rental firm, £35,000 State Spotlights for an audio visual rental firm and a £30,000 JBL Sub Bass Loudspeaker for a media rental company.
There are a number of further deals in the pipeline, which are currently being processed.
Simon Ball, Credit Manager at Medialease, said: “Medialease is a growing business, providing a specialist service to media professionals across the UK. We work with specialist lenders and see Hampshire Trust Bank as a valuable partner for our business moving forward. We find the web portal not only easy to use but also very helpful.”
Alan Timms, Sales Manager in Hampshire Trust Bank’s Asset Finance team, said: “Medialease is a well-known specialist broker and we are delighted to be working with them.
“Hampshire Trust Bank finances a wide range of assets, anything from media equipment to plant and machinery, for a diverse range of sectors. We aim to provide a one-stop-shop for brokers.”
Hampshire Trust Bank’s Asset Finance team offers hire purchase and leasing finance for businesses and consumers via independent introducers. We are easy to do business with, providing our brokers with a bespoke web portal and app that work together to streamline the process of creating, submitting and tracking proposals.
Find out more about our Asset Finance division.