Our Process:

- Select your equipment from the seller of your choice
- Complete a one-page application 2-minute application
-- Submit your application via email
-- We should have a credit decision to you within hours in most cases.
- American Capital will provide you terms and options which you can choose from.
-- We will email you a finance agreement via doc-sign which you can review, sign and return.
-- American Capital Corp pays the seller (including tax, delivery and all soft costs) We will pay 100% of the cost of the equipment project.

Do You Qualify?

We approve most credits. We are not limited to A credits. We do new businesses and sub prime credits. Personal credit scores of the business owner can be as low as 590 FICO. Businesses do not necessarily have to have comparable business credit in-order to qualify. In most cases we will ask for 1 payment in advance, but zero money down is also available.

Advantages of Financing with American Capital Corp

* We can APPROVE transactions up to $350,000 with a just a simple ONE PAGE APPLICATION. In some cases, we will ask for the last three months business checking statement to compensate for lack of information or credit.

* NO FINANCIAL STATEMENTS required on deals below $350,000. Few companies have good financial statements and many times they are deal killers, so we try and avoid asking for them.

* WE RUN SOFT PULLS not hard pulls on most personal credits.

* (NO BLANKET LIENS) American Capital does not file blanket liens on your business like your typical bank. We file UCC-1 liens which are specific to the equipment only.

Unlike most of our competitors we will do 72-MONTH TERMS. Most companies are limited to 60-month terms. 

* ACC will offer SPECIAL 6 MONTH DEFERRED PAYMENT options. For example, we can offer $99 per month for the first six months followed by 66 months at regular payments.

* (NEW BUSINESS financing up to $110.,000) ACC can do new businesses under 2 years’ time in business up to $110,000. This is very rare in the world of finance. Take advantage of it.

* MINIMUM TRANSACTION SIZE IS $10,000 TO UNLIMITED!

* VERY COMPETITIVE RATES. Rates are tailored to the risk. The better the credit the better the rate. We can compete with anyone including banks on rates.

*  We offer section 179 financing. This allows you to WRITE-OFF 100% IN THE FIRST YEAR

* USED EQUIPMENT – NO PROBLEM. Age of the equipment is not a problem either.

* NO PENALTY FOR EARLY PAYOFF – We typically use a formula of 5-4-3-2-1. Where you would pay 5% of the remaining principal in the first year, 4% in the second year and 3% in the third year, etc. This is the best early pay-off in the equipment financing business. Most charge the sum of the payments including interest or give a nominal discount.

* WE ARE NOT REQUIRED TO CHARGE SALES TAX ON YOUR PAYMENTS. If you do a lease with a dollar buy out, you will have to pay sales tax and we are required by law to collect it. By doing an Equipment Finance Agreement (EFA) we will not be required to collect tax for the States. An EFA is a hybrid in the sense that it has the benefit of a loan in that you own the equipment from day one but have the benefit of a lease in that you get to write-off the whole loan in the first year.

* WE DO NOT REPORT TO PERSONAL CREDIT. Every transaction is considered a commercial loan and we are not required to report the debt to your personal credit like your typical bank would.

WE HELP YOU BUILD YOUR BUSINESS CREDIT. We report all transactions to PAYNET which is the most important commercial business credit reporting system for businesses in the USA. Most of the banks and mainstream equipment lenders do not report to PAYNET and therefore your loan or credit history accounts for nothing since no one will see it.

Contact Us:

800-585-7012 Ext 123
info@americancapcorp.com

Offices in:       NJ, RI, PA, FL, WA