Client Testimonial

“Macrolease funded my 1st gym (World Gym) 20 years ago. Since then I have done numerous financing projects with Macrolease including small equipment upgrade projects to new club financing which included equipment and build out expenses. My personal contact has been Debbie Lange for about 15 years. Her professionalism, knowledge of the industry, and insight into our franchise organization are exceptional. She manages the entire process in a streamlined, efficient, and customer focused manner. Her responsiveness and communication skills are superb. During the course of my relationship with Macrolease I have met many of their associates and they are all professional, helpful and easy to work with... I have worked with large banks and small lenders. None of them compare to the ease of doing business with Macrolease!"

John Mahoney
President
Planet Fitness Eastern LI

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.