Microf LLC, a provider of residential lease-to-own products for the HVAC industry, raised $96.7 million in growth capital. The combined debt and equity raise is funded through a new $40 million committed senior debt facility provided by Atalaya Capital Management with an additional $40 million accordion feature; a new $10 million senior debt facility provided by Microf’s existing lender, BrandBank; and $6.67 million in equity provided by current equity investors.

The Equipment Leasing and Finance Association (ELFA) announced its Top 10 Equipment Acquisition Trends for 2016. Given U.S. businesses, nonprofits, and government agencies will spend over $1.6 trillion in capital goods or fixed business investment this year, these trends impact a significant portion of the U.S. economy.

The Equipment Leasing and Finance Association (ELFA) reminds small businesses of five key factors to consider when acquiring equipment. Many businesses turn to equipment leasing and financing so they can take advantage of a range of benefits.

Financing options are helpful for HVAC contractors and consumers, often providing the difference between gaining a sale or losing it.