Navigating Finance Options for Your Media Ventures

Posted by Editor | Mar 1, 2024 | 0 |

Embarking on a media project, whether it’s launching a boutique post-house or upgrading your venue’s AV technology, requires careful consideration of financing options. At Medialease, we understand the unique needs of media professionals and offer a range of specialist asset finance solutions tailored to kick-start your projects.

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.

First, let’s take a look at the various financing solutions that could be available to you.

Finance Lease/Hire Purchase:

One of the primary options we provide is the Finance Lease or Hire Purchase. With this, you can acquire the equipment you need, and at the end of the agreement (usually 36 months), the equipment becomes yours. A simple £100 fee (HP) or a single additional payment (FL) finalises the ownership transfer. This option allows you to spread VAT payments over monthly repayments (FL) or pay it all upfront (HP), with the future payment liability and the asset appearing on your balance sheet.

Lease Rental:

For those seeking flexibility, Lease Rental allows you to rent equipment for a defined period, typically 1, 2, or 3 years, at a lower monthly cost compared to Finance Lease. After completing the agreed payments, you can choose to return the equipment, extend the rental period, or take ownership of the equipment outright, offering a versatile solution for varying project needs.

Operating Lease:

Our Operating Lease option provides an alternative way to rent equipment. By underwriting a future value in the equipment, we calculate monthly payments on a reduced amount, typically 75% of the value. This approach treats rented equipment as a revenue expense, keeping assets off your balance sheet in most cases while directly impacting your profit and loss account.

Re-finance:

For companies with unencumbered assets, our Re-finance option allows you to leverage the value of these assets to raise cash. Whether it’s purchasing new equipment or settling other liabilities, this option provides a strategic way to utilise existing resources for the growth of your media ventures.

Commercial Loan:

In cases involving non-standard or non-tangible assets, software, support contracts, or insurance premiums, our commercial Loan option offers a versatile funding solution. Tailored to meet the unique needs of media projects, this financing avenue ensures you have the capital required for diverse aspects of your venture.

Choosing the right financing option is crucial for the success of your media projects. At Medialease, we provide a comprehensive suite of solutions, ensuring that you have the support and expertise needed right from the early stages of your venture. Explore our range of specialist asset finance, loans, and hire purchase options to propel your media endeavours to new heights, and get in touch with our team to arrange a chat.