revenueshareRevenue
Capital at risk
30
Est. Months
10.0%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Est. Monthly repayments
£

Focus24 are a camera hire facility made up of those who truly understand what is involved in the process of making any film whether it be a short format documentary or a feature length film. We go beyond camera hire, to help the filmmaking life cycle go as smoothly as possible for all involved. Following on from the success of our first round of funding to increase our stock, we aim this time around to implement new software within the office while also acquiring a competitor.

The dynamic camera hire boutique.

Having raised over £80,000 during our last campaign on the platform and continuously growing since then, we are back to look for help to grow our business even further!

For those who were not around last time we were here, Focus24 have aimed to constantly revolutionise the relationship between a film director and their equipment provider. Our background team have an in-depth understanding of what it is to be part of a film crew, with our team being made up of people with years of experience in a range of aspects in media such being behind the workbench at recording studios, service engineering, and camera operating.

We know that this knowledge would help beyond knowing the perfect setup for our client base, and so we offer bespoke training each time we establish a relationship with a budding production team. This is just one of the range of services that we offer, along with crewing, rushes & test screenings, construction of specialist teams, and workflow consultation.

But we know that as a market-leading camera hire boutique, stocking the latest and greatest in camera technology is at our core, and we offer only the benchmark in digital cine equipment that is maintained to the highest grade. This includes specialist cameras, tripods, tracks, and lenses while also accompanying these with 24 hour technical support and repair/maintenance services.

With this round of funding we aim to help improve the running of our business by implementing Salesforce while also acquiring a new business to increase our reach and client base.

X

Business keeps the raised amount even if target is not met.
Revenueshare - product type
Maximum
£ 65k
Raised
£ 65k
Investors
256
Estimated close date
Funded 4 days ago in 12 days

Where will the funds go?

Implement salesforce
£20,000
Acquisition of competitor
£45,000

Key people

Benjamin Mitchell
CEO
Tim Hawken
Technical Director

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A. Good afternoon Malek,

I believe this may be a duplicate query, however just in case...

Apologies for not answering your question sooner. Our revenue and profit has increased from the previous year, thanks in part to the benefits of the first C2F loan. We can sufficiently to service this Revenue loan which fluctuates with the previous months performance.

I hope this helps, but please feel free to forward any further questions.

Regards

Ben

A. Good afternoon,

The higher interest rate is indeed a reflection that the loan is unsecured. Unlike previously we are on the verge of acquiring a competitor where we need to leave options open around future fundraising. We had concerns about a fresh charge on the company at a critical time. We therefore preferred to agree to a higher interest rate

A. Good afternoon Michael,

Thank you for your question. Our industry is asset driven where our revenue is associated to the rental of high-end camera goods. These goods carry a high financial cost so we therefore pay down an amount of Hire Purchase debt each month. The amounts owing after more than one year comprise the total debt with the exception of £200k worth of Directors loans

A. Good afternoon Malek,

Apologies for not answering your question sooner. Our revenue and profit has increased from the previous year, thanks in part to the benefits of the first C2F loan. We can sufficiently to service this Revenue loan which fluctuates with the previous months performance.

I hope this helps, but please feel free to forward any further questions.

Regards

Ben

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Business brand

EC1V, UK

"The dynamic camera hire boutique."

Incorporated
8 years, 2 months
Equifax score
36 / 100
Equifax Grading
powered by Equifax
Average score
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