Leases for Established Businesses

Few businesses have perfect credit and the longer you are in business the easier it will be to get funded.  You must have good to excellent credit for at least 2 years, and more typically 3 years, as these time spans allow the lender to evaluate with a better degree of certainty that your company has the ability to pay the lease as agreed.

Funding for companies with poor credit face greater challenges of securing financing because they have a history that shows their business plan or managerial style is not strong.

Some businesses have poor credit because they were never properly funded to begin with or went through a very difficult time which ate into their cash reserves.  If it can be established that there is strong VERIFIABLE potential, then there is a possibility of securing funding.  Verifiable potential can best be defined as a written document, such as a letter of intent, or a signed contract from a major network or production entity.

Most business owners fail to recognize that a company providing funding for equipment is not looking at the short term prospects, but rather is predicting the long term potential of the company and it's principals.

To make the process easier it is highly recommended that only used equipment be selected for leasing.  Since used equipment has less depreciation when the lease is initialized the risk to the lender is greatly reduced.  We recognize that often only new equipment can deliver the technologies you need to be competitive.