Learn more about Advance Acceptance and the equipment finance industry by checking out our resources page.
Equipment finance and leasing can offer a variety of benefits for small, family-owned companies and large multinational corporations, alike. At Advance Acceptance equipment finance (a Division of First Western Bank & Trust), we work with businesses of all sizes to help them achieve their goals. There are a variety of reasons why a business may […]
2017 Frontier Precision Minnesota Geospatial Users Group Event Frontier Precision has partnered this year with Advance Acceptance, and representatives from Advance Acceptance will be participating in this year’s Frontier Precision Minnesota Users Group. MINNEAPOLIS, MINNESOTA (PRWEB) MARCH 29, 2017 Frontier’s annual Minnesota Users Group will be held April 6, at the Earle Brown Heritage […]
Husqvarna to Offer National Equipment Lease Programs EDEN PRAIRIE, Minn. – Husqvarna has partnered with Advance Acceptance to offer equipment lease programs for commercial and municipal customers through their independent dealer network in the United States. “Advance Acceptance has provided in-house equipment finance solutions for some of the world’s largest power equipment manufacturers. Our experience […]
Advance Acceptance offers a large variety of financing options. We offer EFAs (equipment finance agreements), purchase-option leases, and municipal leases. We also offer flexible terms, such as seasonal and deferred payment options.
EFA stands for equipment finance agreement. Unlike a lease agreement where the lessor retains ownership of the equipment and the lessee may have the option to purchase at the end of the term, under an EFA the borrower retains ownership of the equipment financed throughout the term of the agreement.
An EFA may be the perfect solution for those who have experienced a difficulty regarding the end of term payment price, at the end of a lease agreement in the past. With an EFA, since there is no purchase option, there is no difficulty — you already own the equipment.
Agreements are non-cancellable. If you are interested in paying off early, call us to request a payoff quote.