With the banks limiting the type of lending they will provide now more than ever, American Capital Group is here to help you continue to make sales by sharing some information to help your customers qualify for equipment financing. We’ll break down questions you can help your customers answer so they can get approved and thank you in the process.
First, the basics any customer will need to provide to be reviewed for equipment financing:
- Completed Application (ACG’s can be completed in under 2 minutes)
- 3 months of recent bank statements (easily emailed or can be uploaded)
While reviewing this information, customers will be asked some additional questions so that there is a broader picture of their business and their unique situation, things you won’t find on paper. Providing your customers in advance with information specific to the equipment will help them better answer the questions. Here are examples of a few questions your customer could be asked and how you can help prepare them: