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Challenged Credit Histories Apply Here...
Call 904-551-6090
EQUIPMENT LEASING
Small to Medium Size Business Leasing Needs
Good, Average and Impaired Credit Types,
LOOK AT THIS!
Start Up Businesses!
Start-Up Restaurants!
Most Kinds of Equipment!
C Credit Scores!
Last Resort Transactions!
Specializing in leasing small dollar equipment with a focus on
transactions ranging from $1,500 to $25,000 with FICO credit scores starting at 550!
A Proprietary Credit Scoring and Risk Adjusted Pricing Model is
utilized with a Pass / Fail system. This means approval for more credit situations,
including:
* Start-up businesses with no business credit history!
* Industries that are usually disqualified by other leasing companies!
* Businesses with challenged credit histories!
Products that are not approved for leasing under this program include:
Titled equipment, cars and trucks, 100% software, fixtures, bankcard terminals, ATM machines,
used copiers and water quality products.
Other Lease Programs Offered:
No Start-up Restaurants!
C Credit and Impaired Credit Lease Program
C-credit leasing, $5.000 to $100,000, that provides a unique alternative to credit scoring. Funding new business
start-ups and older businesses with weaker credits by rolling up our sleeves to understand
"their story". Leases are approved and funded based on common sense, and the borrower's
potential for positive business cash flow!
Leasing program is an unique approach to approving leases by interviewing the borrower to understand "your story."
A lease is then structured to fit your needs. We strive to approve all leases
without additional collateral. However, sometimes leases are approved with larger deposits
or additional collateral.
Program allows for common sense underwriting to drive the decision making process. The program
works to find ways to approve transactions.
Credit score is not considered for underwriting this lease program. (Not available in Louisiana)
Established Business Lease Program
Time in business 4 years and longer, under same ownership
Application only from $5,000 - $100,000
Full Financial Package - $100,001 - $200,000 (Maximum funding is $200k)
Personal Credit Requirements:
Credit score 600 Fair Isaac (Experian)
All personal Bankruptcies must be six (6) years or older with NO derogatory
credit after the BK was discharged
Developing Business Lease Program
Time in business 1.5 years to 4 years, under same ownership
Application only from $5,000 - $75,000
Full Financial Package - $75,001 - $125,000 (Maximum funding is $125k)
Personal Credit Requirements:
Credit score 600 Fair Isaac (Experian)
All personal Bankruptcies must be six (6) years or older with NO derogatory credit after
the BK was discharged
New Business Leasing Program
Start-Up Businesses 1 Year In Operation
Application only from $5,000 - $25,000
Maximum term is 36 months
ACH required for payment
1st Plus two (2) payments as securities due at signing
Proof of business filing with State or Business Certificate
100% business ownership required
Proof of a business bank account with a $4,000 balance
Proof of business phone via phone bill or phone work order
Proof of business location via property lease agreement
Personal Credit Requirements:
No Start-Up Restaurants
Must be homeowners with a minimum 600 FICO Score (Experian)
Must have clean credit with no slow pays in the past year
Must have clean credit with no prior bankruptcies, suits, liens, judgments, collection accounts or charge-offs
Must have a credit history file of at least ten (10) years or older
Must have at least five (5) active trade lines open on their credit report
Must have at least 25% revolving available
MINIMAL leasing inquiries in the last 6 months
Must have less than $50,000.00 in revolving credit card debt
Conventional Program - Titled and Non-Titled Equipment
Minimum FICO Score - 600 Co-Signers Accepted...
$5,000-$80,000 Up To 60 Month Term...
Minimum 6 Months in Business...
No Home Ownership, No Additional Collateral...
Requires 6 Months Bank Statements
Average Balance 2 Monthly Payment with Sales Tax...
High Collateral Program - Titled and Non-Titled Equipment
Minimum FICO Score of 600 Co-signers Accepted...
$10,000-$150,000...
Up to 50 Month Term...
Minimum of 6 Months in Business
Home Ownership and Additional Collateral to Equal Lease Amount.
Requires 6 Months Bank Statements...
Average Balance 2 Monthly Payment with Sales Tax...
Construction Industry Leasing!
Pay Off Tax Liens!!!
Get Cash For Next Project!
Raise Cash From Your Equipment!
Increase Your Cash Flow!
Overpaying For Rentals!
Slow Credit!
Bank Turndowns!
NO PROBLEM!
Borrow Against Existing Equipment for Funds!
Deals Funded for Slow Credit and Poor Cash Flow!
High Rick Deals Funded!
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Equipment Leasing
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