Essex Capital Group announced it has started a new equipment leasing affiliate. Essex Funding was formed to provide equipment manufacturers and distributors with a proprietary vendor leasing program designed to fund their customers’ equipment purchases.
Robert D. Swain, Essex president, said, “As we continue to advise companies on their capital requirements, it is clear that customers’ ability to finance purchases can have a substantial impact on the percentage of equipment sales that close. We’re excited to now offer a simple, 100% financing solution for equipment buyers that might not otherwise have access to such a financing mechanism.”
Tampa, FL-based Essex Capital Group serves small- and middle-market privately-held companies located throughout the U.S. in need of financial restructuring.
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