Tetra Financial announced it 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’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.

Salt Lake City, UT-based Tetra Financial is a national independent equipment leasing company that 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.