Business Equipment Financing

Our Equipment Financing program offers funding used to purchase business-related equipment, such as a restaurant oven, a vehicle or a copier scanner. From heavy-duty equipment to general purpose-machines, Ace Funding Source can help you finance business equipment. We offer a variety of financing options on equipment your company needs.

Equipment Financing Process

Getting Equipment Financing is simple. Our process is broken into 4 easy steps: Apply, Qualify, Receive, and Reimburse.

Applying

You or a financial expert from your organization fills out a brief business funding application and sends it to our team along with bank statements of the business over the last three months. We also need the invoice of the equipment.

Qualifying

Our team will review the information you’ve provided. Generally, most inquiries get approved within a matter of hours.

Receiving

Receiving your new funding from Ace Funding Source can take 24 hours or less! If there are no hiccups in the application and qualifying stages, we can get the funds to you within 24 hours after approval. Our goal is to get your business funds into your hands as fast as possible. We will work with you to make sure that happens.

Reimbursement

Repayment terms can be up to 10 years or more, depending on your agreement. Contract terms are based on various credentials and underwriting information. In order to fully reimburse your financing, Ace Funding Source captures a small, flexible and affordable daily, weekly or a monthly amount from the business bank account.

Frequently Ask Questions

Q : Is your Merchant Cash Advance expensive?

A : The cost of the funds is different for each business owner. Underwriting determines the cost of the capital based on a variety of factors including credit, location, industry type and debt the business has.

Q : Do you have a weekly repayment option?

A : We do have weekly repayment options subject to eligibility.

Q : Are there any penalties for paying off the advance early?

A : No. There are never any penalties for paying off the advance early. We actually offer discounts and incentives for paying back the advance early.

Q : Is this transaction reported to any credit reporting agency?

A : There is no reporting to any credit reporting agency.

Q : When will I qualify for a renewal?

A : Businesses are typically eligible for renewal as soon as they are 50% paid back.

Q : How long has ACE Funding Source been in business?

A : We opened in December of 2014.

Q : What is the best way to reach someone in customer service?

A : Phone: (631) 319-0685
email: info@acefundingllc.com

Q :Where are you located?

A : 366 N. Broadway, Jericho, NY 11753

Q : Are you affiliated with the Better Business Bureau?

A : Yes, we are proud of our A+ rating with the Better Business Bureau.

Get The equipment financing You Need Today

Businesses of all sizes are encouraged to contact us about our Equipment Finance options or apply today! Financing from Ace Funding Source that backs your business to help it grow can be the difference between an average business and one that succeeds and surpasses competitors. Contact us today to learn more!