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Home •|• Commercial Business •|• Step-by-Step •|• Credit Criteria

Requirements:

  • Company in business minimum of 3 years (will consider startups utilizing higher rates)
  • Equipment costs maximum $50,000 (Limited exceptions)
  • Personal guarantees are required on all proprietorships, partnerships, and “S” corps (most cases).
  • The principal of the corporation must be willing to provide his/her Social Security number and home address to verify no previous bankruptcies (For companies in business less than 10 years).
  • The application must be completed in its ENTIRETY. References must be able to verify length of time in business and establish comparable credit.
  • First and last payments are typically required upon delivery of equipment.
  • Maximum term is 60 months.
  • Leases that include computer hardware have maximum 30 month terms (Limited exceptions)
  • If applicant’s D&B report does not contain financial information, financials may be requested.
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