ALEXANDRIA, VA — The American Subcontractors Association (ASA) and FirstCorp. (Portland, OR), a direct lender specializing in equipment financing and leasing for the construction markets, have joined forces to develop and market a special equipment financing program for ASA members.

“Many of our members are seeking a budget or cash flow solution,” said ASA executive vice president Colette Nelson. “Our component of this financing program will be a comprehensive financing platform offered though the ASA website at www.asaonline.com. Members who are seeking equipment financing will be able to apply online, calculate payments, and obtain credit lines for immediate or future purchases of equipment from vendors or suppliers of their choice.”

According to ASA, the financing program is designed to help its members acquire equipment in a manner that allows the equipment to pay for itself, month-to-month, through cash flow generated by use of the equipment.

Publication date: 03/25/2002