The ACS Blog

ACS Achieves SOC-2 Compliance Certification

apace@acs-cam.com (Brian Noble) — Thu, 02 Feb 2023 16:56:57 GMT

Asset Compliant Solutions (ACS) has always known what it stands for. Since 1998 when CEO Brian Noble founded the company, ACS has dedicated itself to “doing good work and doing it right.” As a result, the company has built a reputation for delivering exceptional collections and recovery outcomes, superior service and an unwavering commitment to ethical business conduct.

For 25 years the company has stayed true to these principles in good times and bad...

Who's Got the Gear?

apace@acs-cam.com (Brian Noble) — Thu, 26 Jan 2023 17:13:00 GMT

No lender expects or wants it, but every now and then a borrower or leasee stops paying. When and how you go about collecting or recovering can have surprising implications affecting liability risk, potential customer estrangement and wider reputational damage.

Alarming stories from the field have important lessons for any leasing company and lender.

How to Build a House of Bricks When the Big Bad Wolf is On His Way

apace@acs-cam.com (Brian Noble) — Tue, 29 Nov 2022 17:21:52 GMT

In November of 2022, the Equipment Leasing & Finance Monthly Confidence Index fell to 43.7, its lowest point in 2-years. This represents a steep downturn in sentiment from a year ago

2021 was a boom year. In the buying frenzy that fueled the country’s rapid post-pandemic recovery, most asset-based and equipment lenders and lessors thrived. Business was brisk and default rates low. But the sunny blue skies of 2021 became partly cloudy in 2022, and things are beginning to look downright threatening in 2023.