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Equipment Leasing Qualification Calculators - "See Where You Qualify"

Welcome to our new lease calculation page. This page has been designed to better serve you in order to find out where you qualify and for which lease program. Simply view the requirements below and the statements that fit for your business is the calculator that you want to use for quotations. Rates vary and may change at anytime.

Compute your lease rates and when ready fill out the application or give us a call at 1-800-606-5553, it is that simple!

The Financial Calculator requires a Javascript enabled web browser (Internet Explorer). If you have installed Service Pack 2 for Windows XP and get a security warning, you must allow active content for the calculator to function.

"A" Credit Qualifications

  • Two years in business up to $25,000.00.  Three years in business for $25,000.00 and above

  • Personal credit score of 680 FICO score.  Minimum of 10 line items and five year history in the credit bureaus.

  • Bank history dating back to start up operation or at least two years of history.  Depending on amount financed, average bank balances should be low/mid 4, or low 5 figures.

  • Clean business credit history with Experian Business Credit or Dun & Bradstreet.

"A" Credit Payment Calculator Only
  • Select a buy-out option - $1.00
  • Enter the lease amount without a dollar sign or commas. (Example 7000 or 7000.00)
  • Left click on "Calculate Payment"
  • For lease amounts over $50000 please call us for a quote
$1.00 Buy-Out
Lease Amount Term Monthly Payment
12 Months:
$

24 Months:
36 Months:
48 Months:
60 Months:
Payments do not include sales tax if applicable and could change subject to credit approval.

Rates are subject to change without notice.
Effective date: January 6, 2006

*Monthly payments indicated are estimates only.
Final payments may vary and can only be produced by Springs Equipment Leasing.

"B" Credit Qualifications

  • Two years in business up to $25,000.00.  Three years in business for $25,000.00 and above

  • Personal credit of 635 FICO score.  Minimum of 10 line items and 5 years of history in the credit bureaus.  Paid tax liens, paid judgments, discharged bankruptcies (Five years) are acceptable.

  • Experian Business Report and Dun & Bradstreet Reports show company pays obligations on time.

  • Bank history dating back to start up operation or at least two years of history.  Depending on amount financed, average bank balances should be low/mid 4, or low 5 figures

"B" Credit Payment Calculator Only
  • Select a buy-out option - $1.00
  • Enter the lease amount without a dollar sign or commas. (Example 7000 or 7000.00)
  • Left click on "Calculate Payment"
  • For lease amounts over $50000 please call us for a quote
$1.00 Buy-Out
Lease Amount Term Monthly Payment
12 Months:
$

24 Months:
36 Months:
48 Months:
60 Months:
Payments do not include sales tax if applicable and could change subject to credit approval.

Rates are subject to change without notice.
Effective date: January 6, 2006

*Monthly payments indicated are estimates only.
Final payments may vary and can only be produced by Springs Equipment Leasing.