A recent Wall Street Journal article written by Julia Pollack on 12/10/20 discusses the reasons why 2021 could be the year of a great comeback. In “Why the U.S. Economy Will Take Off in 2021,” Ms. Pollack touches on the pre-pandemic economy, when unemployment was at record lows and employment kept rising. The job gains led to increased household wealth and spending, which fueled the economy further along.
Of course, the shocks of COVID, racial unrest, and a divisive election put a wrench in growth in 2020 as Ms. Pollack notes, but she also points to reasons for optimism in 2021: There were 1.6 million new business applications in the 3rd Quarter of 2020 (up from 860,00 a year earlier); the financial sector is solid; Americans have accumulated $2 trillion in new savings deposits since February, according to the Federal Reserve (10% of gross domestic product waiting to be spent!).
How are YOU positioning your business for the possible comeback of 2021?
Rates are historically low, and are expected to stay low. NOW is the time to strategize and consider how you can best be positioned to take advantage of the growth being predicted for this year.
Acceptance Leasing and Financing Service, with over 28 years of experience in the leasing arena, is poised to partner with you as you consider equipment, new or used, to finance at this time.
We have a number of programs available to suit ALL types of borrowers, from start-up’s to established clients expecting competitive rates. We offer an “Application Only” program for equipment up to $250,000, which limits the paperwork requirement.
As with all of our financing, the only collateral is the equipment being financed and, once approved, there is no yearly financial reporting required.
We hope that you will give us a call at 412/262-3225 to discuss your plans. We will be pleased to review your situation and recommend the best financing option for you.
Our commitment is to obtain an approval with the best terms possible for you.