Hampshire Trust Bank (HTB) has provided a £300,000 (€342,000) funding line to Medialease, a lessor and broker for media equipment.

Based in the East Midlands, Medialease provides financing to firms in the broadcast, live events and audio visual spaces.

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Assets financed through the funding line include: a £182,000 screen for an events management company; a £97,000 speaker for an audio rental firm; £35,000 in spotlights for another audio-visual rental firm; and a loudseaker for a media rental company.

HTB said other deals were currently being processed.

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.”

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