Utah Equipment Leasing Firm, AvTech Capital, Provides Financing for Agriculture Equipment Needed for Idaho Farm’s Expansion of Operations.
AvTech Capital announced today that it has committed $1 million in financing for potato growing, harvesting, manufacturing and transportation equipment for a farm based in Idaho. The farm’s operations have been primarily in Idaho, but the customer is now expanding its operations in Texas to better serve the growing market there. The equipment is needed to support the company’s expansion plans. The financing provided by AvTech Capital was structured as a long-term lease to assist the customer with lower monthly payments during this important expansion phase as the farm implements its strategic growth plan and works toward full production.
The financing provided by AvTech Capital included funding for both new and used equipment, and also allowed the customer to preserve cash and credit lines. AvTech Capital’s commitment to serving the critical equipment needs of its customers allowed it to be able to provide its customer with the financing that allowed for the acquisition of new and used equipment, helped meet the customer’s cash flow and credit needs at a critical time, and included a wide variety of equipment. AvTech Capital looks forward to this customer’s future success and is pleased to support its endeavors as a key financing partner.
AvTech Capital is proud to continue its support for U.S. agriculture and production by providing needed financing for American farmers.