American Capital Group
Started in 1995, American Capital Group provides funding for businesses to obtain equipment. Additionally, American Capital serves as the middleman between vendors and equipment lessees for business owners seeking equipment to lease. Products: 100 percent financing for the cost of new or used equipment including tax and shipping. Personally tailored leasing programs. Offerings include application-only, start-up, 100 percent finance, FastTrack and Flex-Pay programs. This company also offers to fund for inventory management and specialized customer projects.
Interest rates: Borrowers may call for a quote.
Service: Phone, fax, and mail contact available.
Borrower qualifications: The borrower must have a viable ongoing business concern. Additional qualifications are dependent on the specific lending program.
Fast approval process: Rapid quotes available by phone. Fast Funding program gives borrowers cash within 48 hours of American Capital receiving the customer lease agreement.
Loan limits: Finance equipment valued from $5,000 to $2,000,000.
Repayment options: Flexible repayment options allow the borrower to break the equipment purchase into several terms in order to match lease payments with revenue over time.
Equipment leasing calculator: Useful calculator available to determine profit after deducting lease payments as well as return on investment tool.
Best for: Small and medium-sized businesses seeking equipment leasing funding.
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