Tetra Financial Provides $2.28 Million in Equipment Financing to Michigan Farm Operation

Equipment Leasing Firm Funds Sale-Leaseback Transaction to Aid Farm Expansion

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend

Salt Lake City, UT (PRWEB) July 30, 2014

Tetra Financial announced that it has closed a $2.28 million equipment lease for a successful agricultural company in Michigan. The lease financing allowed the customer to recapture liquidity used to acquire the assets of a neighboring farm. Tetra Financial played a key role in the expansion of the customer’s farming operations, which began in 1970 and now include over 150,000 acres of farmland.

Tetra Financial’s commitment to serving the financing needs of its diverse customer base allowed it to provide this customer with sale-leaseback financing for used irrigation equipment. The Company regularly provides equipment financing to customers throughout the United States and across industries, including the agricultural sector.

About Tetra Financial
Tetra Financial is a national independent equipment leasing company in the equipment finance industry. From its headquarters in Salt Lake City, Utah, Tetra Financial provides flexible, tailored equipment financing solutions to a diverse customer base throughout the United States. Tetra Financial funds equipment leasing transactions for many types of equipment and in nearly every industry, including healthcare, manufacturing, aircraft, technology, software, energy, construction, mining, and transportation, as well as specialized and non-traditional equipment. To learn more, please visit us at http://www.tetrafg.com.


Contact

Follow us on: Contact's Google Plus