Leasing Life - 7th December 2011

Specialist lessor Azule Finance has helped European event production firm ML Executives expand its audio hire department with a £250,000 speaker system.

ML Executives used an asset finance facility from Azule, who specialise in production, broadcast and leisure equipment, to purchase a d&b audiotechnik J-series Loudspeaker system which is valued at a round £250,000 and is capable of “extreme high power,” according to the manufacturers.

ML, which hires out audio equipment for live music events including the 2011 UK tours of Bryan Ferry and Iron Maiden, had previously hired in the d&b equipment but decided to add it to its permanent stock.

Neil White, project manager at ML Executives, said:  “We’ve worked with Azule Finance on a number of occasions before and its unique understanding of the live production industry meant they immediately understood the business value of this investment.”

Gavin Scott, sales director at Azule Finance, said: “In order to retain and continue winning prestigious contracts within the live production industry, ML Executives has ensured it has access to the best and most popular gear in the marketplace.”

http://www.vrl-financial-news.com/asset-finance/leasing-life/issues/ll-2011/ll-december-2011/azule-turns-it-up-to-11-with-l.aspx