In response to customer requests for additional financing options, Vari-Lite Inc. has partnered with entertainment industry financing specialist FX Financial. Under the arrangement, FX Financial will administer a financing program that provides monthly payment options to qualified customers for the purchase of Vari*Lite® products.
Based in Austin, FX Financial is a leading source of financing for the entertainment industry throughout North America. FX Financial offers its financing services to resellers, end-users and manufacturers involving a wide variety of entertainment equipment.
"As we continue to expand our line of Vari*Lite automated lighting products, this partnership will allow end users to acquire the best lighting equipment on the market with low up-front costs," says Clay Powers, president and COO of Vari-Lite Inc. "Through FX Financial, Vari-Lite customers can have predictable and manageable fixed monthly payments."
Powers adds that Vari-Lite selected FX Financial because the financing company focuses exclusively on the entertainment industry, bringing with it years of experience with the equipment and its use. Current FX Financial customers include, but are not limited to, production companies, theatres, amusement parks, churches, bowling alleys, theme environments, convention centers, arenas, architectural installations, established clubs, and colleges and universities.
"It takes a relatively large amount of capital to acquire the tools of the trade," says Alan Garretson, president of FX Financial. "By taking advantage of the financing options offered by FX Financial, Vari-Lite customers can have increased financial flexibility and the ability to ride out the ups and downs of the business cycle."