Panasonic Puts Professional Equipment within Reach

by David Kender
Published on Jul 12, 2006 8:00 AM



July 12, 2006 - This week Panasonic Broadcast announced a new partnership that will make it easier for businesses to finance and lease professional video equipment. Dubbed the Panasonic Finance Solutions program, the new plan will offer a variety of attractive payment structures in hopes of attracting more production teams towards the Panasonic brand.

The program will be administered by the Pennsylvania-based Partners Equity Capital Company (PEEC). This is not the first partnership between PEEC and Panasonic. In March, the companies made a similar deal involving digital-imaging systems and office products.

The Finance Solutions Program for video equipment will include enticements like the Budget Expansion Plan, which offers low introductory payments, and Flex Rental, which sets a seasonal rate structure.

John Baisley, President of Panasonic Broadcast, expanded on some of the programs benefits: “Besides affordability, our customers will also appreciate the comprehensive benefits of equipment acquisition through Panasonic Finance Solutions, such as 100% cost coverage and technological obsolescence protection. For example, a Bundled Lease will provide one easy payment for 100% of the customer’s costs for Panasonic equipment, as well as peripheral equipment not necessarily manufactured by Panasonic, such as lenses, tripods, and accessories.”

The Finance Solutions Program is currently underway. For details, call 1-800-373-6304 or visit the Panasonic Professional Video Product homepage.