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FOR ANY
EQUIPMENT
LEASE FINANCING
Call 800-733-3939
8-5 PST
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If your time in business is less than two years we offer you the opportunity to acquire equipment financing and establish credit for your new business. Start up equipment leasing and financing comes with a higher risk; we work with you to get the financing you deserve to help your company grow.
Start-up Equipment Lease Payment Calculator
figure an approximate payment for the equipment you would like to acquire
General Credit Guidelines:
- There is no time-in-business requirement with the exception of food/beverage service establishments, which must have one (1) year of operating history.
- Credit decision will be primarily based on a review of each owner's consumer credit report (CBR); all owners must be identified at the time of submission. Personal guaranty of all owners with 15% or greater ownership. Be sure to disclose 100% of ownership.
- Payment habits, level of revolving debt, availability of revolving debt, comparable debt, and home ownership are also factors.
- If no commercial bank account is available to verify at the time of application submission, the most recent (three months) personal bank statements will be considered.
- There are some equipment and industry restrictions.
- Some approvals require payment by automatic check withdrawal (ACH). The two payments with lease contract are considered security deposit.
Credit Bureau Scoring Guidelines:
- $10,000 - $35,000 - Fair Isaac Score - 620 minimum required
Bank Balance Requirements:
- $5,000 - $20,000 - average balance of $1,500 required
- $20,001 - $35,000 - average balance of $3,000 required
The Following is Required for Transactions Above $20,000:
- Last year's personal tax returns on all guarantors
- Personal financing statements on all guarantors
- Last year's business tax returns (if applicable)
- Most recent company interim financial statements (if applicable)
SBA Small Business Loans
Another option for financing your start-up business!
For larger dollar amounts from $150,000, SBA Small Business Loans,
with a 10 year amortization, will probably work better for you.
SBA loans are designed to help start up, new and growing businesses maximize cash flow and keep pace with market demands. We provide personalized service to minimize the apprehension of having to deal with institutional lenders.
| Equipment Financing | Real Estate Loans | Start up Business Financing |
| Franchise Financing | New Business Financing | 10 Year Business Loans |
See our SBA Small Business Loans Website for more information.
EXPERTISE: With extensive experience since 1985, and a proven track record in equipment leasing, small business loans, and business consulting for new or start up businesses like yours, Columbia is well qualified to handle your financing projects promptly and efficiently. We are licensed and bonded in our State, and a member of our national association that is dedicated to ethical business practices.
Reliable Startup Business Equipment Leasing: With personal care to every business equipment leasing requirement, our experts can give you total support at every stage of the new business equipment leasing process. We provide guidance towards simplified startup business equipment leasing and easy quotes. If you are in need of a leasing quote, reply on the trusted and forget the rest!
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