Securing Funding in a Rising Interest Rate Economy

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Issue #14280 - November 2022 | Page #82
By Carl Villella, CLFP

With interest rates on the rise, it’s important to consider working with funders who are not as quick to increase rates. You need a lender who will help you not squeeze you, in this economic climate or any climate. You need a company that will work with you to do the best they can for you.

Here at Acceptance Leasing and Financing, we have strong working relationships with the top funders in the business and can pass on the best rates in the industry to you, despite the rising rate environment.

New programs are being created and marketed all the time, and we would be pleased to introduce you to them so that you could take advantage of these offers.

One obvious advantage we have is to be able to lock in a rate regardless of the delivery date of the equipment. With supply chain disruptions, you want to be able to secure a lower rate now and not be exposed to the uncertainty of what rates may be like months into the future.

Of course, many programs that you may not be aware of are on-going. “Application Only” financing permits you to apply for financing with a minimum of paperwork. We also offer deferred payment programs which allow you to make minimal monthly payments during your slow season to help you with cash flow issues.

And of course, there is always the flexibility of deciding the terms of your financing, from 24 months up to 84 months in some cases.

We invite you to contact us at 412 262-3225 to learn what programs are currently in place to help you with your borrowing needs. And remember, there is no annual financial reporting required after you’ve been approved. The only collateral is the equipment being financed.

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.

Carl Villella

Author: Carl Villella

President, Acceptance Leasing and Financing Service

You're reading an article from the November 2022 issue.

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