TEQlease Capital, a private equipment lease finance company, and Jacto, Inc. announced that TEQlease has become the preferred financing resource for Jacto. Through this relationship, TEQlease will provide lease financing solutions for Jacto customers in the United States. Jacto is an industry-leading manufacturer of agricultural sprayers and backpack sprayers. Jacto also offers a wide variety of products ranging from precision plastic molding, pressure washers and cleaning equipment, water treatment, and precision foundry castings to life-saving medical components.
"Jacto is a recognized leader in the design and manufacturing of agricultural sprayers, and we are pleased to be their preferred financing resource," said Brian Link, director of business development of vendor programs for TEQlease. "We will be able to provide Jacto customers with customized financing solutions that can help drive sales, increase profits and grow the Jacto brand."
"We have a diverse customer base, which makes using the right lease financing program very important," said Greg Imus, vice president of marketing for Jacto. "TEQlease Capital was able to structure a program that other lease financing providers could not, addressing the needs of our customer base while ensuring each lease would be customized to the particular requirements of each transaction."