Thursday, 09 September 2010

Clients who come to us to arrange their audio visual (AV) finance needs are probably the most varied of all.  We help not just the audio visual hire companies, who rent equipment to corporate clients, but also those corporate companies themselves, who see the benefits of installing equipment in their boardrooms conscious of the cost of executive travel and wanting to reduce their carbon footprint.

Schools, colleges and universities also invest heavily in audio visual equipment, installing it in many of their buildings.  Some buy the equipment they need using finance; others prefer to lease it.  They also frequently hire additional AV equipment for special events held outdoors or in buildings not normally used for presentations or lectures.

For conference, concert and other venues, seasonal fluctuations in their businesses mean they have to consider whether to buy, lease or hire equipment – depending on their need to manage their cash flow regardless of how busy they are.  Being prepared for conferences, annual general meetings, product launches, presentations, concerts, special events – whether high profile or low key – means investing in quiet periods (the summer, over Christmas and the new year) so they are prepared for the busier times.

If you’d like to find out more about us or the finance options available before you get in touch, please do.

Case Studies:

  • Reducing cross hire charges: A medium sized AV hire company invested over £300,000 so it could increase its rental stock and reduce the cross hire charges it incurred every year.  The equipment was financed over three years – to match the expected lifespan of the equipment.
  • New equipment for new launches: A hire company needed new Christie HD projectors for a new corporate product launch.  It invested £90,000 taking out a hire purchase deal financed over three years.