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June 13, 2019updated 18 Jun 2019 4:55pm

Santander Business Banking provides £460,000 for LED wall technology

Premier UK Events, an event production company based in Leicestershire, has secured a £460,000 funding package from Santander Business Banking.

By Christopher Marchant

Premier UK Events, an event production company based in Leicestershire, has secured a £460,000 funding package from Santander Business Banking to purchase a hi-tech LED video wall.

The funding from Santander Business Banking includes a £300,000 asset finance line. The purchase of the wall, which is made up of 200 half-metre by half-metre individual panels that can be manipulated into a huge variety of shapes, is intended to allow Premier UK Events to remain at the forefront of technological innovation and expand its client base.

As a result of Santander’s business contacts in China, Premier UK Events has expanded its list of equipment suppliers in the country with a view to potentially being able to increase its service options further in the future.

Jonathan Horton, business relationship director at Santander Business Banking, said: “We are delighted to be able to support such an innovative business to thrive in such a competitive industry. Premier UK Events has experienced extremely impressive growth over the past few years and it has been fantastic to witness this first hand. By understanding the business and its growth and trade cycle, we have delivered a tailor-made solution to enable it to complete the largest purchase in the its history as well as making funding available for future purchases.”

The Chinese-made LED video wall has a pixel pitch of 2.6mm, making it 4K quality, and can be used for a multitude of event applications including conferences, product launches, awards dinners and exhibition stands. The LED wall is considered ideal for displaying any type of digital content from static branding to animated videos or basic PowerPoint slides.

Ben McCarthy, owner of Premier UK Events Ltd, said: “The new screen is a real game-changer for us and thanks to the support from Santander, has allowed us as a business to drive expansion and provide customers with a truly differentiated experience – one that only a handful of event production companies can provide in the UK. We are delighted to have been able to work with Santander and its extensive knowledge of the Chinese markets has helped us achieve our goals.”

Premier UK Events hired its first member of staff in 2012, has a current team of 26 and is used by brands to manage and deliver their events nationwide and into Europe.

In April Santander Business Banking provided £50,000 asset finance funding to Axminster-based Axe Skip Hire for a 7.5 tonne DAF lorry.

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