Equipment Finance Insights

Take a moment to learn more about Advance Acceptance and our place in the equipment finance world.

A look at Forecasts and Trends for the 2019 Construction Industry

With the end of the year approaching, it’s decision time. Plans and operating budgets are in the final stages, and you may be considering how equipment financing fits into your 2019 budget. To serve as a guide in these final decisions, here are some economic forecasts for 2019 and what they mean for the construction […]

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November 27, 2018 calendar

Time to buy new equipment? Business owners can be eligible for a tax break under Section 179

As 2018 comes to a close, this is a great time to take one last look at your upcoming equipment needs and decide if now is the time for an upgrade or expansion. That’s because the enhancements to the existing Section 179 deduction passed under the new Tax Cuts and Jobs Act last December provide […]

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November 12, 2018 calendar

Longstanding Finance Leader Jill Copeland Joins the Advance Acceptance Team

EDEN PRAIRIE, Minn. – Advance Acceptance, a division of First Western Bank & Trust announced today that Jill Copeland will be joining the team as the new Accounting Systems & Support Specialist. “My goal, in working with Advance Acceptance, is to use my 20 plus years in the leasing industry, to offer both assistance and […]

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June 4, 2018 calendar

10 Tips on how to Use Finance to Close More Sales

Many sales are lost when the equipment sales rep does not offer financing and leaves it up to the customer to figure out a way to pay for the equipment. If their bank says no or they are not aware that you offer a solution that is not only competitive, but tailored to the equipment, […]

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May 18, 2018 calendar

Online Payments for Customers

Advance Acceptance to Offer Online Payments Solution for B2B Loan Customers EDEN PRAIRIE, Minn. – Advance Acceptance, a division of First Western Bank & Trust announced today the launch of a free online payments feature for its equipment finance customers. “Agile Payments consulted with Advance Acceptance project management to find a solution that would reduce […]

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April 16, 2018 calendar

Construction Industry Outlook: 2018

In considering construction industry trends, many managers and business owners wonder whether growth will remain steady enough for them to justify purchasing new equipment. During a two-day conference held on November, 1 and 2 of 2017, economists, contractors, engineers, manufacturers and architects met in Chicago at the 79th Dodge Construction Outlook Executive Conference. One of the […]

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April 12, 2018 calendar

Is your business’s infrastructure sound?

As businesses across the country enjoy lower corporate tax rates and other benefits of tax reform, they’ll start to look at ways to reinvest that saved money in their business. When forecasting and planning purchases, many will want to assess their own infrastructure in a broad sense, and consider what business upgrades they need to […]

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March 30, 2018 calendar

5 reasons equipment financing makes more sense than paying with cash

5 reasons equipment financing makes more sense than paying with cash For those involved with their company’s financial strategy, two factors inspire smiles: the booming economy and slashes to the corporate tax rate. Business managers in particular will see the additional capital as an invitation to invest in much-needed new equipment purchases. Because the business […]

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March 23, 2018 calendar

Keeping up with New Equipment Technology & Shorter Business Cycles

In this competitive business environment, we all know that new equipment technology is rapidly transforming numerous industries, but to really appreciate the exponential rate that technology is advancing these days, let’s briefly consider one of the most important, most transformative pieces of equipment in human history: the plow. Pulled by a draft animal and guided […]

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March 14, 2018 calendar

2018 Tax Benefits for Businesses

Whether you’re a small business owner or part of a large, multinational corporation, the revised 2018 tax benefits has likely become the center of many conversations and strategy sessions. Many of us know the big picture of how the new tax bill slashed corporate tax rates from 35 percent to 21 percent. This drastic cut […]

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March 1, 2018 calendar