How it works

Start-up companies can apply with Start Up Leasing, Inc. up to $30,000 for any type of equipment. Business Owners can also apply for up to $1,000,000 with financial information and business plan is provided.

Submittal requirements are as follows:

Up to $30,000 -
1. One-page credit application or apply online and equipment quote from the vendor of choice.

Up to $1,000,000 -
1. 2 Years Personal Tax Returns, all pages, on all owners
2. Business Plan with projections
3. Short narrative, in the owner's words, addressing the following information: Lessee's Liquidity/Working Capital; Revolving credit available.
4. Owner's employment background and / or resume demonstrating management and trade experience similar to their business

Used Equipment is OK with Us! (Less than 10 years of age)
1. Asphalt Pavers
2. Automotive frame alignment equipment
3. All earth moving/excavating/trenching equipment
4. Forestry equipment (no sawmills)
5. Forklifts
6. Lift/boom equipment / trucks
7. Metal & wood machining equipment
8. Titled Motorized Vehicles - non-apportioned, short haul, attached body trucks/tractors
9. Titled non-motorized vehicles - non-apportioned trailers only

Pricing

The monthly payments will be calculated based on the credit worthiness of the applicant.

Quick Approval Guidelines:
1. ALL approvals require ACH (auto withdrawal from the bank)
2. CBR of Fair Isaac Score should be above 580 for requests $3,000-$15,000 & 600 or higher for requests of $15,000-$100,000
3. One time $125 documentation will be required on all transactions