Easy Financing Choices for Your Media Projects
Starting a media project, like opening a small post-house or upgrading AV equipment, means you need the right type of financing.
But with so many options available, how do you know which one will work best for you?
With extensive knowledge and a long-standing reputation in the industry, our team of experts are well equipped to advise you on a number of solutions. At Medialease, we offer simple and tailored asset finance solutions to help kick-start your projects.
First, let’s take a look at the various financing solutions that could be available to you.
- Get What You Need, Own It: Finance Lease/Hire Purchase
With Finance Lease or Hire Purchase, you can get the equipment you need. After the end of the agreement (usually about 36 months), it becomes yours with a small fee. You can spread the VAT element over time or pay upfront. The future payment and equipment appear on your Balance Sheet.
- Rent it! : Lease Rental
Lease Rental lets you rent equipment for 1, 2, or 3 years at a lower monthly cost, because you are not at this stage acquiring the goods. After the agreed payment term is complete, you can return the equipment, keep renting, or own it. It’s flexible for different project needs.
- Rent with a Twist: Operating Lease
Operating Lease lets you rent equipment at a lower cost. We calculate payments on a reduced amount, based on the future value of the underlying kit – so your payments are significantly lower and traditionally allowing you to treat the assets under OpEx budget rather than CapEx. After the rental period, you can decide to keep renting or own the equipment.
- Use What You Have: Re-finance
Refinance helps you use the value of assets you already own to raise cash against them. This cash can be used to buy another business, deposit on property or simply make improvements in your business that asset financing does not work for.
- Funding for Different Things: Commercial Loan
Commercial Loan is a good form of borrowing for things like software, support contracts, or insurance premiums. It’s funding for non-standard or non-tangible items required by your business.
Choosing financing – and the right type of financing – is a big step for your business, for new A/V and media projects and can often seem like a daunting task of choice.
At Medialease, we make it easy with different options. Check out our simple choices for asset finance, loans, and hire purchase to make your media projects a success, and speak with a member of our specialist team today!
