Equipment Finance News

Advance Acceptance powers into outdoor products market

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Advance Acceptance is partnering with Husqvarna to offer equipment lease programs for commercial and municipal customers through their independent dealer network in the US.

Founded in 1972, Advance Acceptance has provided services to the turf, tree care and power equipment segments for more than 30 years.

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 manufactures a range of products including chainsaws and trimmers, garden tractors, and mowers.

Under the new agreement, 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.

Jay Hagen, business development manager at Advance Acceptance, said: “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.

“We have tailored offerings for Husqvarna’s commercial and municipal customer base with these programs.”

Advance Acceptance says its finance and lease programs are specifically designed to 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.