It’s true that interest rates have been rising. With inflation at its highest in decades, the Federal Reserve (“the Fed”) had few options but to raise interest rates in its attempt to cool the upward movement of prices.
And yet the job market continues strong, indicating the economy is still humming along. Here is what we are seeing: Business owners want to lock in rates, fearing they might go higher, and continue to finance the equipment they need to keep their businesses in a strong, firm position.
We see this trend as a win-win situation for our clients. If interest rates continue to rise, they’ve locked in a relatively lower rate now. If the Fed’s strategy is successful, and inflation is contained or falls, the economy will continue to provide the demand our clients will benefit from with their newly acquired equipment.
What is your strategy for these uncertain times? We invite you to talk to us about your plans to acquire new or used equipment that will propel your business forward.
There are many financing programs available. We’ll fit you with the one that best suits your particular situation. Our one-page application makes the process easy and effortless. Benefit from our expertise in the business to help you close the deal with the best rate and terms for you.
The only collateral will be the equipment you finance. Once the deal has closed, no additional financial reporting is required. In many cases, we can obtain an approval based on three months of bank statements.
We are Acceptance Leasing and Financing Service, Inc. We’re proud to be celebrating our 30th anniversary in business this year. Established in 1992, we pride ourselves on our Certified Leasing and Financing Professional designation. We are a member of SBCA and a frequent attendee of the BCMC tradeshow. We can provide financing for any new and, regardless of age, used equipment.
We look forward to working with you.