|
Lease Qualifications & Calculators |
 Return to Leasing
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 1-954-290-2276, 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.
"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
Rates are subject to change without notice.
Effective date: September 23, 2005
*Monthly payments indicated are estimates only.
Final payments may vary and can only be produced by Springs Equipment Leasing. |
|
