EQUITY SALES FINANCE

Equity Sales Finance, Inc. (ESF) is a sales finance company, providing its customers with closed-end finance services. ESF acquires retail installment contracts made by consumers who wish to pay for services or goods over a fixed timeframe. "Closed end financing" is simple and clear: the consumer agrees to pay for a specific good or service, and make payments over a specific timeframe or "term." Unlike "open-ended" lines of credit, which may, for example, remain open for use, resulting over time in additional interest and fees, a "closed end" credit contract is a promise to pay a set price, with a set interest rate, divided into equal payments, over a set amount of time (also known as a fixed term). At the end of the fixed term, when the good or service is paid for in full, the contract is satisfied, or "closed." Closed-end credit contracts provide consumers with certainty and stability. The consumer knows exactly how much they will pay, and for how long... For more than 30 years,..

Also known as: Equity Sales Finance, Inc.

Primary location: Maple Grove United States