ACG Equipment Finance & Capital Leasing

Frequently Asked Questions:

Why Lease? Leasing is the smart way to add all types of equipment to meet your business needs.

100% financing of equipment.
Leasing plans are available which offer fixed payments geared to match your companies’ cash flow.
You have access to the equipment you need without making a large down payment or impacting your available lines of bank credit.
Leasing equipment may actually cost less in after-tax dollars than an outright purchase.

Who can lease? Any company, organization or association. ACG Equipment Finance cannot lease equipment to an individual for personal use.

Is a down payment required? Only an advance lease payment or a security deposit is needed. Generally equal to the first and last month’s lease payment.

Can the equipment be upgraded? Yes. One of the features of a lease is that you don’t run the risk of obsolescence. As technology advances and our needs change, your leasing agreement can change too.

Who should sign the lease? The lease should be singed by an authorized officer of a corporation, by one of the partners of a partnership, or by the owner of a sole proprietorship.

What about insurance? For the protection of our lessees, the equipment must be insured. Insurance can be provided by the lessee’s insurance company or we can provide insurance coverage for you.