Quick Turnaround on Credit Approval Competitive Rates and Flexible Payments Flexible Lease Programs Understandable Lease Documents Up-To-Date Status Reports Competent Funding Process
Quick Turnaround on Credit Approval
Generally the credit approval can be done within a day or less. It is our credo to provide our vendors with timely responses to all applications. On occasion, additional information may be required from the Lessee in order to complete the application entirely. You may choose whether your account manager either contact the Lessee or we work directly with you in getting the information needed.
Competitive Rates and Flexible Payments
Our rates are very competitive, with over fifty funding sources; we are able to help your customer find the best rate. This alleviates your customers concern about the sticker price and makes payments very affordable. Also, we include various flexible payment options to meet your customer’s cash flow situations.
Flexible Lease Programs
We offer Lease Programs that can be of service to the needs of all types of business needs. An example of normal business day activity may include processing a $5,000 lease application from a small business in Wisconsin and a $200,000 acquisition of equipment from a fortune 1,000 business in California. Our “Application Only” plans which require no financial statement up to $150,000, more than others, and offer additional warranty after the manufacturer’s warranty expires.
Understandable Lease Documents
All our lease documents are written in an easy to read and understand language. Also, we are able to fax the completed lease documents the same day as the lease approval. Your account manager can take care of all documentation needs.
Up-To-Date Status Reports
The vendor is always in the loop, informed of all lease applications. Your dedicated account manager can e-mail or fax daily reports on applications received, application status, pending deals, and deals in funding.
Competent Funding Process
We are able to ship the vendor checks overnight within 48 hours of the lease acceptance.
All in all, the vendor lease program is for the vendor that is interesting in boosting sales revenues. Even if your customers have financial issues that bank lines of credit cannot address, we have other financing solutions for them to take advantage of, so the customer and especially the vendor is able to continue to do business in this down economy.