Premium Concrete Forming Systems Equipment Now Available Through Loan

To help streamline financing for its products, LECO Concrete Forms & Supply—a leading manufacturer of high-grade concrete forming systems in Atlanta—recently launched a new option for its customers through it’s equipment financing partner, Advantage+: it’s called the Equipment Finance Agreement (EFA). The EFA treats the sale of forming equipment as a cash sale; the only difference is that the company will have a lien on the equipment until the loan is fully paid.

The main advantage of this is that the contractor can actually own the equipment instead of spending more on long-term leasing. And since the EFA does not require advance payments, it helps contractors become more flexible in their cash flow management. LECO’s partner Advantage+ still offers lease financing, but it expects most of its customers to prefer the new EFA.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s