Fineline Backs AV Firm Holdan's Expansion

There has been a major investment after Fineline Media Finance revealed that it had provided a finance package worth approximately £118,000 to Holdan, the leading distributor of professional video, broadcast and AV solutions, as part of a £500,000 investment in a brand new demonstration facility at Holdan's HQ in Glossop, Derbyshire.
Fineline provided a sale and HP-back facility on the pre-purchased equipment to enable Holdan to preserve cashflow.
Fineline also took a residual value risk in the equipment, allowing some of the cost to be funded at the end of the term when the equipment is likely to be sold on.
The deal has enabled Holdan to purchase a wide range of cutting edge equipment including Panasonic cameras, Datavision lighting, HP PCs and plasma screens.
Since its opening in late October, the facility has already played host to several key sales meetings.
Chris Daniels, Director, Holdan, said: "Fineline are fast, flexible and friendly - great to deal with. But what made the process so much easier than we expected is that their team knows the industry.
"They quickly grasped what we were trying to achieve and they understood what equipment we needed to complete the studio. It's this level of knowledge that really sets them apart."
Gareth Wilding, Sales and Marketing Director, Fineline, said: "Our industry knowledge, built up over 20 years, gives our clients confidence that we understand their business and how it works. It also means that we can offer the financial flexibility they require to achieve their goals."
(BMcC/GK)