Financial Products
Application Only
Leases and loans for general business equipment and technology ranging from $10,000 to $150,000 (sometime as high as $400,000) require;
- a signed credit application,
- copies of the last three months summary pages for business bank statements,
- a description of the equipment being financed and,
- basic information on the seller
Situations greater than a specific App Only limit may be split into multiple smaller transactions and funded through multiple lenders
Minimal Disclosure Programs
$10,000 to $500,000 equipment finance that goes beyond the application, but not to the extent of a full documentation solution. Application requirements are:
- Signed credit application
- Copies of the last three months business bank statements
- A detailed description of the equipment being financed
- basic information on the seller
- a current debt schedule
- one year Audited or Reviewed year-end financial statement (If the business financial statements are not Audited or Reviewed we will need the corresponding tax returns as well)
- a current interim and the most current tax return and personal financial statement on the business owner(s)
Full Documentation Financing
$10,000 to $1,000,000 equipment financing for the most thorough review of your custom situation to maximize access to capital.
- Signed credit application
- Copies of the last three months business bank statements
- A detailed description of the equipment being financed
- Basic information on the seller
- a current debt schedule
- two years Audited or Reviewed year-end financial statement. (If the business financial statements are not Audited or Reviewed we will need the corresponding tax returns as well)
- a current interim and the last 2 years tax returns
- personal financial statement on the business owners.
We can also provide referrals for:
- Project Financing
- Working Capital Loans – both traditional and daily payment
- Accounts Receivable Financing
- Operating Lines
- Purchase Order Financing
- Commercial Real Estate Loans
We charge a Success Fee when making a referral but our fee is only due when you accept the terms and actually complete a transaction with our referral.
Our success fees are:
- $250k and under $3,750
- $250k to $500k $7,500
- $500k to $750k $10,500
- Over $750k $15,000
Remember you only incur this cost when you complete your lease or loan.