Through our finance partners, LECO Africa offers it’s customers an affordable method of acquiring a LECO Instrument. Please contact:

1. DataQwip Rentals (Pty) Ltd.
Tel: (011) 574 6600
Fax: (011) 455 1426
Contact: Terry Howell

Web site: www.dataqwip.co.za

Benefits
  • The 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.

Or alternatively, contact your LECO Sales Consultant for more information.

2. ATRAFIN – American Trade and Finance Company

Tel: (011) 885-1360
Fax: (011) 885-1332
E-mail: iraff@americantradefinance.com
Contacts: Harry Kaplan; Leon Raff

Description: Short Term Financing Medium Term Financing
Typical Terms: 30 days to one year One year to seven 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
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.