Wide Acceptance Leasing,
A Division of Wide Acceptance Financial, Inc.
1450 Hawkins Mill Road, Ste. A PO Box 1278
Lynchburg, Virginia 24503 Forest, Virginia 24551
 | | Leases are available from $10,000 to $40,000,000.
|
 | | Medium leases range from $100,000 to $500,000.
|
 | | We fund B and C credits that banks have declined.
|
 | | Customers are welcome from all 50 states.
|
 | | Some leases and loans qualify with applications only. |
| | |
Overview
Wide Acceptance Financial, Inc. is nationally recognized financial company serving a wide
range of financial needs. Most banks do only one type of financing and not the financing many
small and medium size companies need. With our expertise and partnerships with nationally
known funders, we often provide leasing or financing that banks have declined. Let us show you
how leasing equipment saves you after tax dollars over a five year period. We help companies
find equity for business leases or specialty financial services. Some leased equipment can be
used to secure up to 80% of required equity.
What we look for:
Companies, even startups, with promising products, business plans, and some credit issues
or below average credit scores. We do B and C credits, but occasionally A deals. Some
customers have had difficulty getting credit through banks for equipment. We often use leased
equipment as a part of required equity. We fund existing companies which have been
successful in previous years, have recent difficulties, but can explain their difficulties and
turnaround strategies. We look for small businesses with principals having additional income
or for companies having niche locations or products. Most companies and responsible
principals must have credit scores of 550 or above or a recent history of good cash flow.
Wide Acceptance Leasing
What we do:
We analyze finances, plans, equity, and credit to qualify companies for equipment leases or
specialty financial products. With our expertise and connections, we structure equipment lease
or specialty financial product proposals. We sometimes entertain alternate ways of credit
scoring and work with customers on details to assess risks for acceptance. In many cases we
can provide funds in 24 to 48 hours. We reduce financial worry so companies can concentrate
on profits and expansion. We help companies through tough times to become stronger.
Wide Acceptance Financial:
- keeps customer information confidential.
Proposed equipment leases are evaluated toward future company profitability. Leases range
from 12 to 60 months. Shorter leases usually require higher percentages. In some cases,
customers are allowed to pay off leases early without penalty. We sometimes buy customer's
current equipment and lease it back to help customers qualify for leases, or increase cash flow
flexibility. At the end of leases, customers can own or return equipment.
We do leasing and speciality business product financing only and are not directly affected by
the mortgage and Wall Street crises.
HOME PAGE
About Us
We are a leasing company in Forest, Virginia (with a Lynchburg address.) We package
business equipment leases and specialty services funding for small and medium sized
business. Through licensing agreements with seventeen business equipment lenders, we
broker equipment leases and specialty product services. We have been in business since
2004 and make lease and specialty service contracts easy to understand. For equipment
leases or specialty product funding, we make initial site inspections.
Our Goal
We finance business equipment and speciality products for small and medium
sized companies which may, at times, have difficulties getting finances through
banks.