Specialist audiovisual equipment lessor Azule Finance has recently provided finance for equipment to be used in music festivals including Latitude, Secret Garden Party, Silverstone, Creamfields and SW4.
Responding to a surge in demand for high-spec lighting and audio equipment ahead of the lucrative summer festival period, Azule has financed £700,000 worth of equipment for hire companies NiteLites and Colour Sound Equipment (CSE) with term lengths of 36 months on both deals.
CSE invested in over £200,000 worth of moving-head lights, while NiteLites purchased £500,000 worth of L’Acoustic speakers.
Haydn Cruickshank, director of Colour Sound Experiment, commented that CSE was working closely with Azule in hopes to expand business.
“Because of our relationship with Azule Finance, we were able to order early and provide our clients with a peace of mind, well ahead of their productions.”
Gavin Scott, Sales Director at Azule Finance, said businesses such as CSE and NiteLites were experiencing significant year-on-year growth as hirers request the latest lighting, sound and display products.
“We instantly see the long term business value in these highly specialist products and are able to offer the support our customers need”.