Through our finance partners, LECO Africa offers customers an affordable method of acquiring a LECO instrument. Please contact your LECO Sales Representative or one of the finance partners below: 

DataQwip Rentals (Pty) Ltd.

Phone:

+27 11-574-6600

Fax:

+27 11-455-1426

E-mail:

sales@dataqwip.co.za

Benefits

  • Rentals are totally tax-deductible.
  • Allows you to keep up to date with technology.
  • Off Balance Sheet funding.
  • Helps maintain escalating maintenance costs and down time.
  • No disposal of obsolete equipment. Free your capital to invest in your core business.

ATRAFIN

American Trade and Finance Company

Phone:

+011-885-1360

Fax:

+011-885-1332

E-mail:

iraff@americantradefinance.com

Benefits:

  • Satrafin finances expertise and focus allows us to provide the best solutions for bidirectional trade between the U.S.A, South Africa and key emerging market countries.
  • Satrafin Finance Programs feature attractive rates, terms, and structures, a quick pre-qualification process, and generally do not interfere with the local banking relationship.
  • Satrafin provides financing with or without the support of government export programs. Export programs may be utilized where it provides the optimal solution.
  • Larger or smaller loan amounts may be available.
Description Short-term Financing Medium-term Financing
Typical Terms: 30 days to 1 year 1 year to 7 years
Eligible use of Funds: Inventory, raw materials, spare parts, commodities, financing for distributors Capital goods, technology, investments, certain project related services, software & used equipment
Available to: Buyer or Seller Buyer
Loan Amounts $250,000 to $10,000,000 Can be Rand denominated
Typical Advance Rates: Up to 100% Up to 85%
Typical Security: Typically no security other than the transaction Typically no security for most Government-supported loans
Rates: Variable or Fixed-fee Variable based on LIBOR
Structure: Very flexible Term Loan with periodic repayments. Lease may be available.

 

Finance Africa

Phone:

+012-657-5588

Fax:

+086-770-8210

Finance Africa offers unique Asset Based Finance solutions to the private- and public sector via their network of funders including Financial Institutions, Investors , OEM’s and own funding. 

Customer Advantages of Rental

  • Monthly rentals can be reduced by the use of an annual escalation.
  • Rentals avoid capital expenditure.
  • No deposits are required.
  • Ease of Upgrade / Replacement.
  • Client has option to extend rental term, upgrade or own the equipment.
  • A rental facility has no impact on the user’s balance sheet.
  • Rentals are fully tax deductible from the annual taxable profit.
  • The renting of goods enables the client to keep track with technology.
  • The VAT on a rental is raised on the monthly payment and not capitalized “upfront”, as in a lease or instalment sale.