Client Testimonial

Macrolease has proven to be a great financing option for our Franchisees. As a Bank owned self-funded lender they act quickly and advise store owners exactly where they stand in a prompt manner. Their service and competitive products are consistent with our needs and a welcomed resource to facilitate Papa Murphy’s growth.

Kevin King
Chief Development Officer
Papa Murphy’s Intl.

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.