Panasonic Broadcast Launches Financing Program

Panasonic Broadcast has inked a deal with Partners Equity Capital Co. (PECC) to provide financing and leasing programs for businesses interested in purchasing Panasonic video equipment. The new Panasonic Finance Solutions program is administered by PECC through Panasonic's current professional video reseller networ
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Panasonic Broadcast has inked a deal with Partners Equity Capital Co. (PECC) to provide financing and leasing programs for businesses interested in purchasing Panasonic video equipment. The new Panasonic Finance Solutions program is administered by PECC through Panasonic's current professional video reseller network.

Panasonic said the goal of Panasonic Finance Solutions is to make acquisition of its pro video equipment easier and faster, while providing financial solutions that will make the equipment more affordable with lease plans to match customers' budgets and business plans.

"The desire among our professional video users, especially small businesses, to be able to lease equipment is quite great. Panasonic Finance Solutions will serve as a one-stop provider for our customers by not only offering the best professional video equipment, but also the most affordable way to acquire it," said John Baisley, president of Panasonic Broadcast.

Baisley said customers will receive comprehensive benefits of equipment acquisition through Panasonic Finance Solutions, such as 100 percent cost coverage and technological obsolescence protection. For example, a "Bundled Lease" will provide one easy payment for 100 percent of the customer's costs for Panasonic equipment, as well as peripheral equipment not necessarily manufactured by Panasonic, such as lenses, tripods, and accessories.

Financing plans for pro video and broadcast equipment acquisition through Panasonic Finance Solutions is being offered for 24 to 60 months, according to the company. Partners Equity Capital Co. LLC is headquartered in Horsham, Pa.