LeaseProcess is the solution for all of your business equipment leasing needs.
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Telephone Systems - Get the best telephone systems through LeaseProcess
 Credit Programs 9/2/2010 
ESTABLISHED BUSINESS PROGRAM ("A")
Requires a minimum of two to three years in business depending on industry and equipment type.
  • No financial statements (application only) up to $75,000!
  • Personal guarantees required by all majority owners for privately held companies, minimum Fair Issac scores of 640 with sufficient personal credit.
  • Corporation only approval for seven years in business, medium-five figure average bank, Dun and Bradstreet rated, and comparable loan/lease reference with no guarantees.
  • Complete financial package** required over $75,000.
LIMITED CREDIT PROGRAM ("B")
Established businesses that do not meet all Program "A" requirements or have credit challenges.
  • No financial statements (application only) up to $50,000!
  • Personal guarantees required by all owners, minimum Fair Issac scores of 600 with all negative credit ratings paid up to date, no corporation only.
  • Limited financial statements* may be required.
NEW BUSINESS PROGRAM ("SU")
Companies under two to three years in business with owners maintaining established and very good personal credit history.
  • No financial statements (application only) up to $35,000.
  • Maximum funding up to $50,000! with limited financial statements*
  • Personal guarantees required by all owners, minimum Fair Issac scores of 640 with real estate credit over $15,000.
Financial Packages

LIMITED FINANCIAL PACKAGE REQUIREMENTS *

Corporations, LLC's, Partnerships, LP's, Ltd's:

  • First page and Schedule "L" of last year's corporate tax return.
  • First two pages of last year's tax returns and Schedule "C", "E" or "F" for all owners.
  • Current (dated within 60 days) personal financial statements for all owners.

Sole-Proprietors - Individual Owner:

  • First two pages and Schedule "C" "E" or "F"of last year's tax return for the owner.
  • Current (dated within 60 days) personal financial statements for the owner.

FULL FINANCIAL PACKAGE REQUIREMENTS *

  • Last two years business and personal tax returns (complete with all schedules).
  • Current (within 60 days) personal financial statements for all owners.

* Note - if the application is being processed after February 28th, a current-year business profit and loss with balance sheet is required.


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Regardless of your industry, it is important to lease or finance equipment.


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