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Monarch Capital, SG Blocks to Offer Lease Financing Programs

January 10, 2014, 06:23 AM
Filed Under: Intermodal
Related: Containers, Shipping

SG Blocks, Inc. (SG Blocks or the "Company"), a developer and producer of innovative construction solutions utilizing code-engineered cargo shipping containers, has established a relationship with Monarch Capital Corporation ("Monarch") to provide a lease financing alternative to qualified clients in order to facilitate the financing of SG Blocks product offerings. In business for over 25 years, Monarch has extensive experience in the leasing and financing of capital equipment primarily to middle market companies.

"Leasing is something we think will be particularly valuable to clients interested in temporary and experiential applications. Reducing barriers to deployment by creating greater financial flexibility will expedite products to market and allow for end users to limit the necessary up front capital expenditures. We've had a lot of inquiries regarding the ability to lease and are glad to announce we now offer it," said Paul Galvin, CEO of SG Blocks.

SG Blocks is a developer and producer of innovative commercial and private environments utilizing code-engineered cargo shipping containers. Providing solutions to some of the world's biggest companies and government agencies, SG Blocks offers cost effective container-construction technology that exceeds many standard building code requirements. The Company works with developers, architects, builders and owners to achieve faster execution, stronger high-value buildings, and greener construction.

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