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Why Choose AFG

AFG vs. Traditional Bank Financing

See why thousands of businesses choose AFG over traditional banks for their equipment financing needs.

Speed

Get approved and funded in days, not months

Simplicity

Minimal paperwork, especially for deals under $500K

Flexibility

Custom payment structures that match your cash flow

Approval

We work with varied credit profiles and business stages

Service

Dedicated specialists who understand your industry

Expertise

25+ years and $3B+ in equipment financing

Detailed Comparison

See the Difference

Application Time
Traditional Bank2-4 hours
AFGAlliance Funding Group15 minutes (Application Only program)
Documentation Required
Traditional BankExtensive financials, tax returns, business plans
AFGAlliance Funding GroupMinimal - Application only up to $500K
Decision Timeline
Traditional Bank2-6 weeks
AFGAlliance Funding GroupSame day to 48 hours
Funding Speed (after approval)
Traditional Bank5-30 days after approval
AFGAlliance Funding Group24-72 hours after approval
Credit Requirements
Traditional BankStrict – high credit scores required
AFGAlliance Funding GroupFlexible – work with varied profiles
Startups & New Businesses
Traditional BankRarely – 2+ years history required
AFGAlliance Funding GroupYes – with supporting documentation
Seasonal Payment Options
Traditional BankNo – fixed monthly payments
AFGAlliance Funding GroupYes – customized structures
Used Equipment
Traditional BankLimited – prefer new equipment
AFGAlliance Funding GroupYes – new and used
Down Payment
Traditional Bank10-30% typically required
AFGAlliance Funding GroupAs low as $0 down
Term Lengths
Traditional Bank36-60 months typically
AFGAlliance Funding Group24-96 months
Soft Costs Included
Traditional BankRarely covered
AFGAlliance Funding GroupYes – installation, training, freight
Financing Amount
Traditional BankOften capped or restricted
AFGAlliance Funding Group$50K to $50MM+
Dedicated Account Manager
Traditional BankNo – call center support
AFGAlliance Funding GroupYes – direct access
Industry Expertise
Traditional BankGeneralist lending approach
AFGAlliance Funding Group25+ years equipment focus
Relationship-Based Lending
Traditional BankOften algorithm-driven, especially for smaller tickets
AFGAlliance Funding GroupYes – we know your business
Repeat Customer Benefits
Traditional BankStart from scratch each time
AFGAlliance Funding GroupStreamlined re-approval

Comparison based on AFG internal data and publicly available bank disclosures (2025-2026). Individual lender programs vary; consult specific lender terms.

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