ACL uses unique credit technology to form a deep understanding of the financial condition of a business and lends from its own balance-sheet. This approach enables us to make quick, sound decisions.

We provide our customers and partners with a quality service because:

• We listen to our customers' stories and understand their challenges.
• We are real people who take the time to build relationships.
• We have a wealth of financial knowledge and experience within our team.

Equipment financing works by providing you with the equipment your business needs for a periodic payment which includes interest. After the set term of months or years for your loan or lease is over, you’ll either own your equipment outright or will need to make a decision about your lease. Generally, you can renew your lease if the equipment is in good condition and still helpful to your business. You can finance almost any type of major equipment your business needs to run smoothly, expand and maintain competitiveness.

Securing financing for business equipment might seem daunting. If you try to get a loan from a traditional lender like a bank or credit union, it can be. Depreciation on equipment usually makes traditional lenders wary of lending large sums for businesses to purchase equipment.
However, alternative lenders usually provide customized financing solutions for your equipment needs. At ACL, we can help you design an equipment loan or lease program for business equipment up to $50,000,000. We don’t require a down payment and our equipment financing is available for new or pre-owned equipment.

Equipment financing is the process of obtaining business equipment using a loan or lease. Equipment financing loans allow you to purchase the equipment with payments made over time, similar to using an auto loan to buy a personal car. Equipment leasing, on the other hand, gets you the equipment you need without the intention of owning it. You’ll make a regular lease payment to continue using the equipment as if it were your own. When the lease is up, you can give the equipment back or renew the lease. Sometimes you may have options for purchasing the equipment at the end of the lease.

Financing your heavy equipment is a great way to make expensive machinery and tools more affordable for your business. You can finance heavy equipment by using a purchasing loan or equipment lease. To start the financing process, you’ll need to find a lender and apply for financing. You may have more difficulty getting equipment financed through banks or other traditional lenders. An alternative lender like ACL offers higher approval rates and customized financing options tailored to your business needs.

Many business owners find they can save money both on the cost of business equipment and taxes by financing equipment and taking the Section 179 deduction. Using the Section 179 deduction in combination with equipment financing can have added value. If your equipment qualifies, you could save money now on your taxes by deducting up to 100% of your equipment cost. You’ll also be protecting your cash reserves by making periodic payments for the equipment instead of purchasing outright. Depending on the equipment, combining financing with the Section 179 deduction could greatly help your bottom line.

You may be able to finance equipment for a short period of time or even as long as a decade plus. The specific length of your equipment financing term depends on several factors. If you’re purchasing expensive equipment with a loan, you may need to make payments for several years. On the other hand, if you’re leasing equipment with a fast depreciation, you may only want to lease it for a couple of years.

No, you are not charged any extra fees when you repay early. We don’t penalise you for early settlement.

ACL abides by the Data Protection Act 2018 (‘Data Protection Act’) and all other relevant USA and European data protection and privacy laws.
All data electronically transferred between you and ACL is encrypted, using one of the strongest forms of encryption available commercially. We are committed to keeping your data safe.