Harman Professional and Quail Capital Corp have formed Harman Equipment Finance (H.E.F). The objective of the new venture is to provide capital to businesses around the world looking to acquire lighting and audio equipment from Harman brands, including Studer, JBL, Martin Professional, Soundcraft and Crown. Phil Tatro, director of order to cash at Harman, notes: “This global program is designed to empower HARMAN dealers and customers with the financial freedom to capitalize on current economic conditions and acquire the best AV technologies on the best possible terms.
“We are pleased to engage Quail Capital to provide our customers with comprehensive financing solutions that will enable them to evolve and grow,” added Tatro.
Martin Professional customers had already been provided with equipment financing by Quail Capital Corp for 15 years up to and since Martin's acquisition by HARMAN last year.
“We are very pleased to work with the sales leaders at HARMAN Professional to provide their customers with financial solutions tailored for the production marketplace,” says Jeff Rudin, CEO of Quail Capital Corp. “Our more than 20 years serving the entertainment industry will continue to provide the most innovative, yet grounded options for our joint customers.” www.harman.com