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FAQ

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Faqs

What kind of equipment or vehicle can you help me get financing for?
We finance any new or used asset you need to operate your business. Our expertise and vendor relationships span across transportation, industrial, construction, aesthetics, agriculture, automotive, hospitality, retail, fitness, vending, computers and more

What types of funders do you work with?
We have an alliance with 30 core funders for A to D credit. Our 35 lenders include banks, lease companies and private lenders. As your point of contact, we work with them directly.

Do lease amounts have a minimum or maximum?
The minimum lease amount is $2,500 and there is no maximum amount.

Can I get a lease if my credit is damaged?
We specialize in solving difficult credit situations and are proud to have high approval ratios (95%).

Can I get a lease if my business is new/a start-up?
We want to help you succeed! If your company has been in business for under two years, you will pay a slightly higher rate as a higher risk investment. However, we offer Start-Up Incentives you may be able to take advantage of.

What happens after my application is approved?
We work with our lenders to get you approved fast. Once approved, we’ll find you the best leasing terms and payment options to select from. Learn more about our process.

I have a pre-existing lease. Can I add more equipment to it?
Additional equipment cannot be added to the existing lease but a new lease can certainly be set-up to co-terminate with your existing one.

Can I still lease equipment I have purchased?
Yes! This option is called a sale leaseback. Our Sale Leaseback program allows you get operating cash immediately for unexpected expenses.

What happens when my lease expires?
We remember your lease expiry so you don’t have to. Approximately 60 days before the end-date, you will receive a reminder letter from us with the option to return, purchase or upgrade.

When my lease ends, do I own the equipment?
You have the freedom and flexibility to choose between returning, purchasing or upgrading your equipment.

Is the lease agreement cancellable?
Your lease agreement is non-cancellable. However, we offer a buy-out option for those who wish to end their lease early.

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