From Hiring Equipment to Owning It: The Finance That Transformed a UK Events Business

Company Sector: Events

Loan Type: Soft Asset Finance and Vehicle Finance
Loan Amount: £200,000

Our leading event production company client, based in the North of England, delivers large-scale events across the UK and internationally. Their portfolio spans corporate conferences, music festivals, sports broadcasts and fashion events for well-known brands, including work at major venues like the London O2 Arena.

The Challenge

The Company was experiencing cashflow strain due to the nature of their business; contracts require significant upfront investment but payment only arrives on completion. Further strain was added by the reliance on hiring lighting, display and sound equipment as they expanded their contracts. 

To grow profitably and sustainably, the founders knew that investing in additional equipment and vehicles was vital. 

Our Solution

Helping the Company move away from costly hire of lighting, sound and display equipment, we secured Soft Asset Finance to enable the investment in new technology. The Soft Asset Finance provided a fast, tax efficient solution and helped them quickly improve their margins.

The next step was securing £28,995 for the Hire-Purchase of an additional vehicle. Expanding their fleet was key to the business ensuring they could meet the demands of their new high-value event contracts and improve operational efficiency.

The Results

The client was impressed with our service, awarding us 5 Stars in their Review on Trustpilot:

“Our business was ready for its next stage of growth, and Lewis has been instrumental in making that happen. From the very start, he took the time to understand our operation and quickly secured the right short-term funding to support our plans — while setting out a clear roadmap for long-term financial improvement.

“Over the past seven months, Lewis has helped us consolidate into longer-term funding with better rates and stronger financial stability. He also arranged soft asset finance for our equipment, making us far more tax-efficient on our OPEX, with no more upfront equipment payments. The result? We’re saving money and have more cash in the bank after every event.”

“Bear Business Finance and Lewis have been outstanding, I genuinely couldn’t recommend them enough”.

If your business is facing similar challenges - get in touch to explore how we can help - 01832 770 273