Audio and lighting finance company Azule Finance has announced a string of high-profile agreements with a number of hire companies in preparation for the UK festival season.
With increased demand for audio and lighting equipment from the likes of Clay Paky Sharpy, L-Acoustics and Martin, hire companies NiteLites and Colour Sound Experiment recruited Azule Finance to stock up for the busy summer season.
Faced with a summer schedule of high-profile concerts, lighting and sound production company NiteLites invested heavily in L-Acoustics speakers, including KARA, ARCS and SB28s, as well as lighting equipment from Martin.
Jamie Moore, managing director of Nitelites, explained: “As anyone in the industry will tell you, sourcing finance for our projects is often challenging due to the specialist nature of the kit. Thankfully, Azule’s unique understanding of the audio and lighting sector means they always understand the commercial value that our investments brings to our portfolio, and enables us to continue to provide excellent levels of service to our customers.”
Gavin Scott, Sales director at Azule Finance, added: “These businesses have been providing kit for the festival circuit for a long time and continue to experience year on year growth, as production teams request the latest lighting, sound and display products to put on the most eye-catching performances. At Azule, our unique understanding of the live events sector means that unlike high street lenders we instantly see the long term business value in these highly specialist products and are able to offer the support our customers need so that they can take advantage of the heightened demand in the market over this lucrative period.”
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