FAQs
Frequently Asked Questions
What types of equipment can I finance through Accel Business Capital?
We offer financing for a wide range of equipment, including heavy construction machinery, trucks, trailers, manufacturing tools, and other commercial-use assets. If it helps your business operate or grow, we can help you finance it.
How long does it take to get approved for financing?
Most financing applications are approved in as little as 4 hours or less, depending on your documentation and credit history. Our goal is to get you the funds you need as quickly as possible.
Do I need perfect credit to qualify for equipment financing?
No, we consider applications from businesses with all credit types. Whether you have strong credit or are still building your business credit profile, we’ll help find the best financing solution for you.
What are the benefits of owning equipment instead of renting?
Owning equipment offers several advantages, including cost savings, availability, flexibility, familiarity, and resale value. It’s a long-term investment that builds your business’s assets and equity.
Can new businesses apply for financing?
Yes! Accel Business Capital works with both new and established businesses. We also help startups establish their business credit to improve future financing opportunities.
What documents are needed to apply for financing?
Typically, you’ll need to provide basic business information, identification, and bank or tax documents. Once your application is submitted, our team will guide you through any additional steps.
How do I apply for equipment financing?
You can start the process online by clicking the “Apply Now” button on our website. Fill out the short application form, and one of our finance specialists will contact you with next steps.
What makes Accel Business Capital different from other lenders?
We pride ourselves on fast approvals, flexible terms, and personalized service. With over 40 years of experience, we’ve built strong relationships with lenders to offer the most competitive rates and financing options.
Can I finance used equipment?
Yes, in most cases, we can help you finance both new and used equipment as long as it meets our eligibility and valuation requirements.
Is there a down payment required?
Down payment requirements vary based on the type of equipment and credit profile. Our team will review your application and offer the best options available for your budget.