A company statement says: "Harman Pro UK recognise that financing the purchase of such high-value equipment can be a challenge for tour sound companies, so they've arranged the new 0% package to help spread the impact of re-equipping."
Various types of agreements are possible under Harman Pro UK Finance, depending on the requirements of the company applying. 0% finance is available over two years, but "exceptionally low rates" are offered over longer periods. Deferred payment schemes can be arranged for the purchase of Vi6 and/or VerTec systems.
"We know from experience that cashflow can be a problem for even the largest tour companies," comments Harman Pro UK's Gary Dent. "Things go well when you have a couple of big tours happening and then business can be quiet for a patch. That's not very conducive to paying off a large loan, with interest, on a regular basis. But with our new finance schemes, you could defer payment for a period, or pay it off completely interest-free within a set timeframe if your cashflow situation is favourable. We think this flexibility will prove very attractive to our tour sound clients."
(Jim Evans)
