Azule Finance has provided a £300,000 (€342,720) loan to support
lighting and sound designer Colour Sound Experiment’s investment in
a 100 sq m LED video wall to boost profits at summer festivals.
The broadcasting leasing provider has been working with
London-based Colour Sound Experiment, who is involved with over 50
summer festivals in the UK, to expand its business and meet new
demand of elaborate visual set-ups.
Gavin Scott, sales director at Azule Finance commented: “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 this complex investment and were able to offer
quick competitive finance to allow Colour Sound Experiment to take
advantage of this gap in the market.”