Equipment Leasing by American Capital Financial
American Capital Financial Services, Inc. (ACFS) is an experienced equipment leasing company located in Lisle, Illinois, specializing in financing commercial equipment projects for business clients nationwide. Since 1990, ACFS have become a valuable leasing partner to the commercial market throughout the country by offering competitive lease pricing and personalized customer service to end user clients and equipment dealers.
ACFS works well with Commercial, Municipal/School, and Non-Profit business entities and therefore we understand a myriad of equipment types and credit profiles. As a result, they have streamlined the underwriting processes and offer some of the quickest Client Approvals in the market.
Nav's Verdict
8/10
Bottom Line
Equipment leasing is a good source of capital to secure essential equipment, and a good alternative to a cash purchase or leveraging a line of credit.
Pros
Ability to finance a wide range of equipment. Lends to various business credit profiles. Quick approval process with competitive interest rates. No blanket liens while securing the loan with the equipment-only option.
Cons
Payments may be higher vs. traditional installment loans. Longer funding timeframe than working capital products.
Qualification requirements
Credit Score
In addition to other credit requirements, at least a 650 FICO is required.
Funding speed
5 days from when application is received
5 days from when application is received
Qualification requirements
Time in Business
At least 3 years in business. No startups.
Reviews
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