FX Financial and Barco, a technology company that designs and develops visualization products, have launched a new equipment financing program created for rental and staging companies desiring to purchase Barco’s AV solutions at low, fixed rates including a limited-time deferred payment option.

The Barco Equipment Financing Program provides a mix of financing options designed to meet the unique needs of the entertainment equipment rental industry. The 60-Day Introductory Program, available until May 1, offers two loan options: a Low Interest Rate Program and a special Deferred Payment Program, the first of its kind in the industry.

The Deferred Payment Financing program permits equipment purchases of $150,000 and up with minimal payments for the first six months of the loan period. Ongoing loan programs include a 5.99% Easy Application loan option providing up to $150,000 in financing, and the aforementioned Low Interest Rate program, with rates as low as 0.99%.

“With the pressing need to convert our formats from 4×3 to 16×9, Barco’s Equipment Financing Program couldn’t have come at a better time,” commented Murray Lapides, founder and CEO of AVFX, a nationwide AV staging company based in Boston, MA. “Barco is doing a great job of stepping up with a simple program to help us flip our inventory. I can purchase what I need now, instead of waiting, and increase my profitability very quickly.”

“Barco’s financing program is the best I’ve seen from any manufacturer,” commented Joseph Thompson, president, NPI Audio Visual Solutions. “Barco worked closely with FX Financial on my behalf to make the process very simple and quick. I was approved in one day, and received my new FSN products within a week! I look forward to working with them again soon.”

In its desire to serve both new and current rental and staging clients, as well as small businesses, Barco, with the support of FX Financial, is tailoring loans to meet a wide variety of equipment and budget requirements.

“We are committed to building an optimum financial partnership with our rental and staging customers. With this program, we can provide additional options for businesses considering buying versus renting, enabling them to procure the industry’s best-in-class projectors and image processing products quickly and easily,” commented Scott Stremple, director business operations, entertainment for Barco North America.

“We’re excited about our partnership with Barco and eager to empower AV companies by providing a very reliable resource which enables them to invest in Barco quality today,” commented Alan Garretson, president of FX Financial based in Austin, TX.