Harman deal provides capital to its customers
Harman Professional customers will have access to capital from Quail Capital Corp after the audio and lighting manufacturer formed Harman Equipment Finance (H.E.F.) with the financing organisation.
H.E.F. will provide Harman dealers and customers across the globe with capital to acquire Harman products.
Quail Capital Corp has provided equipment financing to Martin Professional customers for 15 years up to and since its acquisition by Harman last year.
Jeff Rudin, CEO of Quail Capital, said: “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.”