WHO WE ARE
Sharing a desire to put the customer first and nurture the long-lasting relationships developed over the last 25 years, the Directors were eager to step away from a corporate environment that lacked the necessary empathy and establish a business that would ensure both sides of any deal were left satisfied on completion.
With over 20 successful years in a variety of roles in broadcast video, photography and digital cinema, Duncan has built an enviable industry network of clients, experts and friends, from the technical director to the chair of the boardroom.
Duncan’s reputation throughout the industry is for reliability, discretion and breadth of subject expertise. He has experience of every sector of the broadcast market: equipment sales; sales team management; running a hire desk; executing disposals programmes; and providing advice and guidance for clients wishing to finance their equipment purchases. The diversity of his roles and experience has enabled Duncan to develop strong relationships, mainly because he prioritises first class customer service.
He brings passion and enthusiasm for the industry, with a special interest in technological trends and industry developments. He is a regular contributor to industry publications and newswires, as well as writing his own blog.
Samantha has almost 20 years’ experience in the broadcast and media industries, in both equipment sales and finance roles. She has broad experience of board level negotiating, and a reputation for regularly exceeding customers’ expectations and never disappointing
Before founding Adamantean Samantha spent 10 years at a leading equipment reseller before being recruited to Fineline Media Finance for a similar length of time, where she was the leading sales performer and latterly promoted to Divisional Director – AV, charged with setting up a new sales division. The transition from equipment sales to finance was not difficult because Sam had already spent several years with IT equipment leasing specialist Siemens Finance.
An alumnus of the Women in Film and Television (WFTV) mentoring scheme, Sam is a great supporter of gender equality in the media industries and holds a position on the Advisory Board of Females in the Broadcast Industry (FBI). In addition to her lengthy network in the broadcast industry, in recent years Sam has developed a particular niche speciality, with an enviable list of contacts and relationships, in the pro AV sector.
Gareth has 30 years’ experience in business finance, specifically in equipment finance and leasing. He is very familiar with board level negotiating, and working to stringent time and price requirements.
Prior to founding Adamantean, Gareth was Managing Director of Five Arrows Media Finance, a subsidiary of Rothschild & Co. He had previously been a shareholder and member of the management team who sold Fineline Media Finance to The Five Arrows Leasing Group in 1998, and was subsequently a member of the executive team when Rothschild & Co. sold the Five Arrows Leasing Group to FTSE 250 company The Paragon Group in 2015, remaining as Managing Director of Paragon Bank Technology Finance throughout and beyond the transition.
Gareth’s extensive network of contacts across the finance, banking, media, and technology disciplines has enabled him to provide a creative solution for even the most unique and specialised funding challenges.
He is also a Non-Executive Director of Arkle Finance Limited, a wholly owned subsidiary of Weatherbys Bank Limited.
Adrian Langford is CEO of Rivermore Finance Group, a leasing specialist in the materials handling and fork-truck market. He is also a mentor, mentor trainer and webinar broadcaster with Richard Branson’s Virgin StartUp, and the founder of StartUpThings.com.
A Member of the Institute of Directors and the Asset Finance Professionals Association, and a Fellow of The Leasing Foundation, Adrian’s career in asset finance and leasing commenced with the Bank of Scotland (North West Securities) in 1984. Prior to starting Rivermore Finance Group he was a senior manager with BNP Paribas Lease Group.
As a non-executive director of Adamantean, Adrian has been involved in an advisory capacity from inception to launch and continues to provide support and guidance where necessary.
Trust us to add value to your capital investment projects by sourcing and matching the most appropriate and cost-effective funding solution. Out-source the inconvenience and frustration of finance applications and allow us to compare all available options as part of your team. We believe we will provide you with options you would otherwise be unaware were available.
With over 75 years’ collective history in capital finance solutions, you will be well served by the deep and broad experience of a management team who have completed finance contracts with an aggregate value exceeding £200m in the last 10 years.
With all that experience we are able to provide pragmatic, commercially focussed advice. Not every deal requirement is the same, so we are used to adapting to challenging circumstances and managing the expectations of all parties to ensure everyone’s satisfaction.
When arranging financial products we will inevitably need to request a lot of detailed, confidential and, in some cases, personal information along with supporting documentation. Adamantean is registered with the Information Commissioner’s Office (ICO) under reference ZA221459 and complies with all obligations under the Data Protection Act.
While the Act only extends to the handling of personal data you can also be assured of our integrity when it comes to all sensitive company data. Our reputation is paramount.
We understand that capital investment is a significant business decision where the most appropriate solution must also be cost-effective. The pricing of our services will bear the scrutiny of any competitive comparison. Ultimately we know we are only as good as our last job, and we believe the extensive list of testimonials from satisfied clients is the best endorsement of our quality and value.
We understand the importance of providing solutions, rather than simply advice, ensuring the correct agreement empowers our clients to maximise their commercial opportunities.
An instalment credit facility to finance the acquisition cost of specified equipment over a fixed term – usually two to five years – where the repayments include capital and interest. The rate of interest is fixed from the beginning so you may accurately budget your costs. Repayments might be monthly or quarterly (or even annually) and we can even structure seasonal payments so that they are lower during periods when your business is forecasted to be less busy.
VAT on cost of equipment is usually payable with the first instalment or deposit.
When all the instalments have been paid, title in the equipment will pass to you on payment of an option to purchase fee.
Finance leasing is a fixed cost rental facility which may suit a customer who cannot recover the VAT element of the deposit required under a Hire Purchase agreement or doesn’t want the tax benefits of ownership.
After paying rentals (subject to VAT) over an agreed term, called the primary period, the lessee has three options:
You may need to make an investment in your business which is not appropriate for an asset finance solution, and which would not be suitable to be funded using an overdraft facility. If you have unencumbered assets (equipment without outstanding finance or lien) you may consider entering into a sale and hire purchase back agreement. In simple terms, we agree a value for which you sell the equipment to the lessor, you sign some simple documentation and receive payment for the agreed advance.
Where equipment has been purchased within the last 90 days and is free of any financial encumbrance we may be able to refinance it for the full purchase price paid.
A rental facility offering cash flow benefits, and which matches the lease term to your projected utilisation of the equipment. The rentals are calculated on a discounted figure arrived at by deducting the future (residual) value from the purchase cost of the equipment. This product is particularly suited to equipment which may require regular upgrading to ensure you are always using current technology.
At the end of the lease term you simply return the equipment to the lessor and enter into a new agreement for the next generation of equipment.
If you are a vendor supplying high-value goods, software licences, or services to your customers on extended credit terms or an instalment payment basis under a formal written finance agreement, we can improve your cash flow by purchasing the finance agreement and accelerating your Sarbanes-Oxley-compliant revenue.
We can take the credit risk on your customers and we will also manage the collection of the customer instalments allowing you to concentrate on making more sales.
Going forward, by introducing Adamantean at the point of sale, we can provide such a funding facility to ensure that you are paid promptly on delivery.
If you are a manufacturer of equipment, or a software house, your customers may have restraints on capital budgets which restrict the amount of equipment they are able to buy from you, or perhaps you would like to encourage them to accelerate the timing of their capital expenditure. Adamantean can tailor a vendor finance programme that will:
Adamantean can offer suppliers the use of a Promissory Note structured product. These simple instruments are often employed by large international corporations to make deferred payments to suppliers, and achieve budgetary advantages.
The product enables suppliers to offer deferred payments to their customers whilst receiving payment on delivery.
Unsecured loan structures are only available to investment-grade clients and enable suppliers to offer a simple payment structure in conjunction with their own supply agreements or managed services contracts. Terms can be bespoke to meet the specific requirements of individual customers.
The loan, a simple one page agreement, has been approved for use by some of the UK’s largest corporations and public sector bodies, and is often used in support of supplier-subsidised customer solutions, usually with interest-free payment instalments.
As technology continues to evolve at an ever-accelerating pace, equipment suppliers are recognising the mutual benefits available from offering their customers a managed services solution, comprising either a fixed or variable periodic charge which incorporates the provision of equipment, software and services, and can include maintenance, support, installation and training.
The directors of Adamantean have more than 20 years’ experience of funding such contracts employing non-recourse funding products which may (or may not) be disclosed to the customer. Such contracts can enable suppliers to gain a revenue and profit recognition advantage.