Five Arrows Media Finance, formerly known as Fineline Media Finance, has been rebranded to Paragon Bank Technology Finance: a new British bank launched in 2014.
“Our name includes the word ‘technology’ and that is very important,” explained Alan Henry (pictured), sales director of the company. “We have teams who understand the broadcast industry and that means we can provide the best forms of finance, whether it is for one camera or a whole television station. Our expertise extends through all the hardware that is necessary from capture to delivery.”
He emphasised that the operation is not just a one-stop-shop, but a specialist one-stop-shop.
“We visit events such as BVE so that we can keep up with the latest developments. Unlike non-specialist finance organisations we understand the lifecycles of equipment and can evaluate appreciate and depreciation. We know what equipment is going to be worth in five or ten years. And that is vital when it comes to provide finance agreements for the industry.”