As an independent equipment lease and finance company, AFG assists banks in developing unique and profitable specialty finance programs. Our mission is simple – to provide valuable products and services which focus on retaining, strengthening, and growing our partners’ business banking relationships. AFG has funded to date over $3 billion in equipment leasing and finance transactions at similar rates to bank affiliated finance companies, along with offering complete credit and asset flexibility.
AFG partners with banks to provide their customers with specialty financing options.
Your AFG Managers
Brent Hall
Sr. Vice President
Ashley Smith
VP Specialty Bank Program
The Bank Benefits
- Increased profitability through fee income growth.
- Offer additional C&I products to generate assets through a partnership with AFG.
- There is no cost with an AFG Partnership
Bank Program Features
- Application Only Program up to $300,000
- Working Capital up to $1MM
- Middle & Large Ticket up to $50MM
- Vendor & Dealer Financing Support for your bank customers
Partnership Rules
- Underwriting on transactions & bookings up to $10MM or greater.
- Fast Turn Around of approval and documentation for each approved equipment lease/finance transaction.
- First Right of Refusal to discount the payment stream back into your banks loan portfolio above $1MM.
- Accessibility to AFG professionals with any questions related to equipment leasing and finance.
- Full-Service Marketing Assistance
- Complete Lease Origination and Administration Services
- Quality Customer Service
- Product Training and New Product Introduction
- Increased Profitability Through Fee Income Growth
- How to train
- How to proactively market to current & new customer base
- How to expand & gain new customers through vendor relationships
- How to organize credit underwriting and documentation support
- The training of a banks personnel to recognize equipment financing opportunities
- Marketing support, such as direct mail, and point-of-purchase private label marketing materials
- AFG will provide underwriting (structure, documentation, pricing, etc.) for both Application Only up to $300,000 & financing transactions above $300,000
- Provide reports of equipment finance portfolio generated by the bank partner
- Eliminate and/or reduce residual risk on “Operating/Tax Lease Financing exposure of each bank customers financing
Alliance Funding Group (AFG), was founded in 1998 and has grown to become one of the largest privately held equipment finance companies in the U.S. Having funded over $2 billion in equipment at similar rates to bank affiliated finance companies, we can offer complete credit and asset flexibility.