Finance Resources

Learn more about Advance Acceptance and the equipment finance industry by checking out our resources page. Our mission is to educate the business community and align with our partners for continued successes.

Recent Equipment Finance Insights

What does the interest rate increase mean for businesses financing?

What does the interest rate increase mean for businesses financing? It’s a good time to be in business. The economy is heating up, and with the corporate tax rate having been slashed from 35 percent to 21 percent, businesses of all sizes are set to enjoy some of the best economic conditions in decades. However, […]

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February 19, 2018 calendar

Advance Acceptance Donates to Pillsbury United Communities

Advance Acceptance donates $430 and dozens of personal care items to Pillsbury United Communities.   EDEN PRAIRIE, Minn.  – Advance Acceptance, a division of First Western Bank & Trust, recently partnered with Pillsbury United Communities to execute a corporate giving project during January, 2018. “Pillsbury United Communities is grateful for the support of organizations like […]

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February 2, 2018 calendar

Section 179 Depreciation Updates for 2018

Section 179 Depreciation Update due to New H.R.1 Law or The Tax Cuts and Jobs Act: On January 2, 2018, H.R.1 was signed into law and has revised several previous tax laws going forward. Section 179 depreciation is now $1,000,000 and the bonus depreciation is now 100 percent. Equipment purchase limits have been increased to […]

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January 10, 2018 calendar
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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



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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