NORTHRIDGE, CA — Harman Professional, Inc. and Quail Capital Corp announced the formation of Harman Equipment Finance (H.E.F.) to deliver capital to acquire Harman’s Martin Professional lighting products along with the company’s Studer, JBL, Soundcraft and Crown audio gear. H.E.F. promises an easy credit approval process for all Harman Professional products with terms from 12 to 84 months.
More details from Harman (www.harman.com) and Quail Capital Corp (www.quailequipmentleasing.com):
Commenting on the program, Phil Tatro, Harman, director of Order to Cash, noted, “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.”
Quail Capital Corp. had been providing equipment financing to Martin Professional customers for 15 years up to and since its acquisition by Harman last year. According to Quail Capital Corp. CEO, Jeff Rudin the shared commitment to innovation and service makes Harman Professional and Quail Capital Corp. a strong team: “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. Our more than 20 years serving the entertainment industry will continue to provide the most innovative — and yet grounded — options for our joint customers.”
Brian Friborg, Harman Vice President North American Sales and former President of Martin Professional-“Quail Capital has been providing equipment financing to our customers for many years. We are very excited to bring their expertise and excellent customer support to the entire Harman family. They are a trusted advisor to both Harman and our customers.
“We are humbled to be chosen by such a legendary company as Harman to provide financing solutions to their customers,” Rudin added.
