Don’t let bad credit hold you back from obtaining the essential equipment for your business! With over 27 years of experience in financing for bad credit, we know exactly how to package your lease request so that our banks and financiers view it favorably.
Why Choose Our Bad Credit Equipment Financing Program?
Our expertise lies in helping business owners nationwide secure financing, whether they are well-established or just starting. We specialize in gathering and presenting the necessary information to strengthen your application and increase your chances of approval.
Bad Credit Financing Program Details:
Exclusive to Equipment Purchases: This program is strictly for the purchase of equipment. If you need working capital, explore our bad credit secured business loan option, which can be used for various business needs, not just equipment.
Eligibility Requirements:
- Bankruptcy: Must be discharged for at least three years.
- Credit Issues: Should be in the past, with efforts made towards rebuilding your credit. If you’re currently facing credit problems or haven’t started rebuilding, a co-signer or larger security deposit may be required.
- Business Credit: If you have strong business credit, we can consider a corp-only lease (no personal guarantee). If not, we can guide you on building your business credit.
Security Deposits: Programs are available for credit scores as low as 550, but these will require a security deposit or additional form of security.
How to Strengthen Your Application
To make your submission as strong as possible, please provide the following:
- Application Form: Complete and submit the application form.
- Bank Statements: Include three months of bank statements.
- Letter of Explanation: Explain how the equipment will boost your business profits and detail any credit issues and the steps you’ve taken to address them.
- Additional Financials: Don’t hesitate to provide more financial documentation than required to demonstrate your business’s strength.
Why Work with Us?
- Decades of Experience: With over two decades of helping business owners, we know how to get you approved.
- Personalized Service: Our team of experts will work closely with you to ensure your application is robust and ready for approval.
- Nationwide Assistance: We help businesses across the country, regardless of their credit history.
Contact Us
If you have any questions about your eligibility or the application process, please call us at 1-888-308-7160 to speak with one of our experienced credit analysts.
Frequently Asked Questions
Corp Only Financing – Financing using your business credit only
If you have built your business credit sufficiently, we can look at doing a corp-only (business financing with no personal guarantee) lease. BUT you must be in business a minimum of 5 years and have comparable business credit that is being reported on your business credit reports.
If you HAVEN”T built your business credit. We can help you to do so. Just contact us.
No credit check business financing just doesn’t exist anymore. Would you as a business owner invest in a company that you didn’t know anything about?
That’s not a sound business decision. Don’t fall for obvious scams.
Take the first step towards securing the equipment you need to grow your business. Apply for our bad credit equipment financing today!
