Client Testimonial

"The YMCA of Central Massachusetts has been working with Macrolease for many years to finance our wellness equipment acquisitions. We have found the process helpful from a budgeting point of view and seamless from an operations point of view. From my perspective it is a true win-win partnership".

Michael E. Strand
Vice President of Administration/CFO
YMCA of Central Mass.

EFA / Loans

Equipment Finance Agreement or EFA is simply a loan. One of the primary differences between a lease and a loan is who has title to the equipment. In a lease, the lender holds title to the equipment and transfers it to the lessee when the lease is satisfied. In an EFA, rather than having title to the equipment, the lender or Creditor places a lien against the equipment. When the loan is satisfied, the lien is released thus giving the customer free and clear title to the equipment. EFA’s are often used to finance motor vehicles or other types of equipment.