Houston, Texas -- US manufacturer of spray foam insulation and coatings LaPolla Industries Inc. has signed an agreement with Landmark Financial Corp. to provide equipment financing for customers.
LaPolla's spray polyurethane foam (SPF) insulation systems are applied in residential, commercial and industrial buildings with spray equipment. By offering an equipment financing option, LaPolla said, it is removing a critical barrier to entry for the thousands of conventional fibreglass insulation businesses who want to retool to take advantage of SPF insulation opportunities. SPF insulation is one of the fastest growing markets in the construction industry, LaPolla pointed out, in a 19 Jan statement.
"This is another significant step by LaPolla to develop and make available programs that facilitate the transition of conventional insulation businesses to the energy efficient SPF insulation business," commented Douglas Kramer, president and ceo of Houston-based LaPolla. "The availability of competitive equipment financing programme for our customers further propels LaPolla's growth prospects for 2009 and beyond," he added.