“Advance Acceptance has provided in-house equipment finance solutions for some of the world’s largest power equipment manufacturers. Our experience will help Husqvarna achieve its goal of generating sales, while creating lasting customer relationships,” said Conrad Magalis, marketing manager of Advance Acceptance.
Programs include a fair market value lease (FMV), which allows customers to exchange equipment at end-of-term for new units. FMV leases decrease repair costs and help customers maintain an up-to-date fleet.
Husqvarna customers may also lease equipment with a $1.00 buy-out on a monthly or seasonal payment schedule, with the intention of ownership from day-one – similar to an auto loan.
“Lease programs for the commercial landscape contractor have gained industry popularity as customers see increased productivity with periodic equipment updates, along with payments typically less than a comparable 0% finance program,” said Jay Hagen, business development manager. “We have tailored offerings for Husqvarna’s commercial and municipal customer base with these programs.”
Advance Acceptance finance and lease programs accommodate the seasonality of the landscape, turf and power equipment industry, with skip and annual payment plans. This approach helps minimize risk for the customer, keeping cash flow available throughout the off-season.
Advance Acceptance, a division of First Western Bank of Minot, N.D., provides national equipment finance and leasing services for leading brands across the U.S.