Acceptance Leasing and Financing is celebrating a milestone anniversary this year: 30 years in the commercial equipment financing business!
Carl Villella, President and founder, first began his career in the corrugated board manufacturing business following his graduation from Penn State University.
After a period of time in the family car business, he devoted himself to a career in commercial and municipal equipment financing, breathing life into the leasing business by spending eight hours a day on the phone, cold-calling prospects. His perseverance paid off when, calling equipment sellers, he connected with a vendor, ASI Trailer of Missouri.
ASI asked him to contact one of their prospects about financing one of their trailers. During the initial call with the customer, it was determined that they actually needed much more than that. In fact, they needed $600K to expand their already successful, growing business. The prospect’s local bank couldn’t help. The business had an opportunity to greatly increase sales if they could get the equipment they needed to get to this next level.
Carl worked with funders to syndicate the $600K amount, and he forged together a deal for the customer to acquire the ASI Trailer as well as the other equipment they needed to expand. This funding allowed the company to catapult to a new level of production. The client was Casmin, Inc. and the new project they were undertaking in Florida is a now familiar name: The Villages.
Carl describes himself as “vendor oriented.” And with three decades of experience under his belt, he knows this industry, the equipment, and the people. He is a member of the Structural Building Components Association (SBCA) and attends the Building Component Manufacturers Conferences (BCMC).
We hope you will join with us in celebrating 30 years in the business.
Feel free to contact us at 412 262-3225 or via our email cvillella@acceptlease.com to learn how we can put our experience to work for you and your business.