How does CalCAP help AP to promote environmentalism?
CalCAP, or California Capital Access Program, is designed to help small businesses in California by supporting loans to assist them in growing or maintaining their businesses. AP Equipment Financing is an approved CalCAP lender and has funded millions of dollars’ worth of trucks and equipment to California based businesses throughout the years.
In order to qualify for CalCAP, the trucks need to be:
• 2010 or newer diesel (engine year) heavy-duty trucks (over 14,000 GVWR)
• Electric trucks
• Trailers when purchased with tractor
• The engines can use diesel fuel, compressed natural gas (CNG), liquefied natural gas (LNG) or other fuels that satisfy the Air Resources Board’s emission standards
• Equipment Warranty, when funded with the purchase of an eligible tractor
“Our goal is to always try to think about ways to make the environment a better place. Thanks to this program, we’re able to offer small businesses the competitive financing without which they would continue to use dirty trucks.”
– Chris Lerma, President of AP
Learn more about what AP’s leaders have to say about CalCAP.
How do the services AP provides for arborists help to protect the environment?
One major industry sector that AP provides financing for is the arbor, or tree care, space.
“We’ve been providing funding for the tree care space for more than 10 years. We provide equipment for tree care and arbor professionals who understand what it takes to properly care for trees, whether they be in a garden, on the side of a freeway, near power lines or elsewhere. We also provide equipment and funding for wildfire clean-up.” – Nick Fong, CMO & CTO of AP
“A lot of these arborists also do clean-up work in the mid-west or on the east coast. When there is a hurricane in Florida, for example, they’ll take a crew to that area and spend three months just cleaning up. These aren’t just logging companies cutting down trees and selling lumber, they treat trees and help keep them alive, when possible, while also strategically cutting down trees and clearing brush from areas that are susceptible to catching fire. In the United States, though people might not be accustomed to thinking of their state as a potential victim of climate change, hurricanes, bushfires, or tornadoes, the reality remains that you might suffer from the consequences of global warming are real. And these consequences cannot be ignored. AP works to compensate for the damage that can be felt, as well as working to prevent any damage from climate change.”
– Chris Lerma, President of AP
You can read the full profile done by Tokyo Century here.