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Roofing News

Drexel to Lease Portable Roll Forming Machines

April 29, 2009
Drexel Metal LLC C has announced a program to lease its standing-seam, portable roll forming machines. Drexel Metals LLC secured a dedicated funding source with Univest Capital, Inc. Univest Capital, Inc. has strong liquidity and has a well-earned reputation of fast response to its simple lease applications.

Drexel Metal LLC C has announced a program to lease its standing-seam, portable roll forming machines. Drexel Metals LLC secured a dedicated funding source with Univest Capital, Inc. Univest Capital, Inc. has strong liquidity and has a well-earned reputation of fast response to its simple lease applications.

“In this economy we felt that it was vitally important to help our customers manage their cash flow, dramatically improve their margins and help grow their business. By adding a leasing option to our Drexel Metals Association of Regional Manufacturers program, we offer roofing contractors and distributors a financially compelling opportunity to succeed even in this tough economy,” said Rob Waite, Drexel Metals CEO.

Drexel Metals LLC will be offering three lease-to-own options: 1) No advance payments; 2) 90-day deferred payment and 3) two advance payments plan. The lease terms are based on 24, 36 and 60 months. With these leasing options, roofing contractors and building material distributors can easily join Drexel Metals Association of Regional Manufacturers (DMARM). DMARM members are able to offer their customers everything that the large fixed-in-place manufacturers do, including industry leading engineering and warranties, all for significantly lower cost, and all backed by Drexel Metals LLC. By eliminating the middle-man, the large fixed-in-place manufacturer, DMARM members are enjoying superior profitability even in this economy.

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