
Compare the programs offered through LeaseQ and GreatAmerica to find what works best for your customer
Program |
Advance Commercial Credit (Internal Financing) |
Short-Term Financing |
Standard Financing |
TechNet Impression Financing |
|---|---|---|---|---|
Details |
Stocking Options (Net90 terms), Not Eligible for Equipment Rewards, Financed In-House |
Partnership with GreatAmerica, Buy-Down must be approved by T&E Product Specialist |
Market Rates Apply, Equipment Rewards Eligible (12-60 months), Partnership with GreatAmerica and LeaseQ |
NOT for T&E financing |
Terms Available |
3, 4, 6 Month Options |
12, 18, 24 Month Options (Buy-Down Only) |
12, 24, 36, 48 and 60 Month Options |
36, 48, 60 Month Options |
Minimum |
<$2,500: Up to three monthly equal installments |
$5,000 (Buy-Down) |
$2,000 |
|
Apply Now |
Stocking Options (Net90 terms), Not Eligible for Equipment Rewards, Financed In-House
3, 4, 6 Month Options
<$2,500: Up to three monthly equal installments
<$5,000: Up to six monthly equal installments
Partnership with GreatAmerica, Buy-Down must be approved by T&E Product Specialist
12, 18, 24 Month Options (Buy-Down Only)
$5,000 (Buy-Down)
Market Rates Apply, Equipment Rewards Eligible (12-60 months), Partnership with GreatAmerica and LeaseQ
12, 24, 36, 48 and 60 Month Options
$2,000
NOT for T&E financing
36, 48, 60 Month Options
The interest for the finance agreement is set once the finance agreement begins. So, while a customer can pay off the agreement at any time, they do not receive a discount in the total interest by doing so.
LeaseQ is a company that works with GreatAmerica to help us provide additional approvals through other lending partners. In the event that GreatAmerica cannot approve your customers’ request for financing, the LeaseQ team will try to find another lender that may be able to reach an approval. In these cases, you may receive a call/email from a representative of the LeaseQ team.
Besides any applicable late charges, the customer will pay a one-time origination fee of $125 billed on the first GreatAmerica invoice to the customer. The same fee applies to transactions through our partners at LeaseQ.
Yes. However, we do require that the customer have at least three years in business and be in good financial standing with Advance Auto Parts. Please email AAP@GreatAmerica.com for more information.
The interest for the finance agreement is set once the finance agreement begins. So, while a customer can pay off the agreement at any time, they do not receive a discount in the total interest by doing so.
Step 1: Submit the application; you will typically receive a response within 1-2 hours if approved by GreatAmerica. For applications that go to LeaseQ, expect a response in 4-6 hours in most cases.
Step 2: Once approved, the finance company will ask you for additional information, including a copy of the quote for the purchase.
Step 3: The finance company will send finance documents to the customer for signature.
Step 4: Once the documents have been signed and returned to the finance company, a PO will be issued to the AAP Credit team. They will send billing instructions to the store.
Step 5: When all equipment has been delivered, the finance company will confirm the delivery with the customer, and you will send a copy of the invoice. We will then pay AAP for the equipment, and the finance process has been completed.
Have more questions? Reach out to your GreatAmerica team for assistance at 800-487-3636 or automotivesales@greatamerica.com.
Sam Funke
Account Manager
sfunke@greatamerica.com
Sandra Sacra
Sales Support
ssacra@accountservicing.com