Finance Resources

Learn more about Advance Acceptance and the equipment finance industry by checking out our finance resources page.

Recent Blog Posts

Businesses Can Benefit from New Equipment

Outdated Equipment Can Affect the Bottom-Line: A pitfall many operations managers run into is keeping old and outdated equipment in service past its recommended service life. Continuing to pay to update and repair outdated equipment is costly. Old equipment can be similar to driving a car that needs more repairs than it’s worth. We’ve all […]


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October 20, 2017 calendar

Finance 101: ID and Data Security

Finance 101: ID and Data Security Data security is becoming more critical during the digital age. With the easy access to data and records, it’s important to be aware of common data security topics, such as phishing, predatory lenders and creating strong passwords. Phishing Scams Phishing scams are another threat to those using email for […]


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September 22, 2017 calendar

Intelligent Ag Equipment Finance Partnership

Intelligent Ag Solutions Partnering with Advance Acceptance to Offer National Finance Programs EDEN PRAIRIE, Minn. – Advance Acceptance, a division of First Western Bank & Trust, announced today a partnership with Intelligent Ag Solutions (Intelligent Ag) to offer equipment finance programs for agricultural customers. “We’re excited to offer flexible financing and payment options to help […]


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September 15, 2017 calendar
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Media

Advance Acceptance Advantage

Advance Acceptance provides equipment finance solutions that create long-term relationships. Over 40 percent of our customers finance with us several times.

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Equipment Finance Overview

Learn more about the different markets Advance Acceptance provides equipment financing solutions for.

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Customer Commitment

We're committed to offering our customers quality services and a personal touch unique to the equipment finance industry.

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Frequently Asked Questions

Insurance

Insurance

When does the insurance certificate need to be in to Advance Acceptance?

We prefer that the certificate be sent in with all other documents sent to the account manager. If that isn’t possible, as soon as possible thereafter, to make sure that customers are protected from loss or damage.

Will Advance Acceptance contact the agent?

We will follow-up with the agent to obtain the correct documents, but the customer must make an initial contact with their agent to add the equipment to their policy.

Additional information can be found here.

What types of financing does Advance Acceptance offer?

What types of financing does Advance Acceptance offer?

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.

What is an EFA?

What is an EFA?

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.

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