Saturday - May 17, 2008
border=0
Call 800-733-3939 8-5 PST
FOR LIVE HELP NOW
For more information on equipment leasing call 800-733-3939 or e-mail info@columbialeasingusa.com

Columbia Equipment Leasing

Equipment Financing Services

14 Reasons to Lease

Who We Are

Recent Fundings

Equipment Financing Dealers

SBA Loans

Equipment Leasing for Business Owners

Equipment Leasing for Business Owners

Equipment Finance for Printing Industry

Commercial Truck Leasing

Municipal Equipment Financing

Instant Quote

Apply Now for Equipment Leasing

Email Us

 

 

FOR ANY
EQUIPMENT
LEASE FINANCING
Call 800-733-3939
8-5 PST


We Rated With RSACi

 Application Only
 >>
 Startup Business  |  Calculator  |  Flex Payments  |  Online Application 
 Financial Package
 >>
 Larger $ Leases  |  Financial Req's  |  Credit Lines  |  Payment Grid 

For Start-Up Business click here

Lease Amount  ($5,000 - $75,000)    

For lease amounts from $3,000 to $5,000,
please call 800-733-3939 or e-mail us.

End of Lease Buyout
 

General Credit Guidelines

  • All payments shown above have been calculated with 2 payments collected with contract.
  • Payments do not include applicable sales tax. Due to variance in Credit profiles, rates sometimes have to be blended.
  • The above rates apply to application only. Lower rates may be available with submission of financial statements starting at $20,000.

General Credit Factors That Cover All Categories

  • Revolving personal debt less than $30,000
  • 50% of revolving debt must still be available
  • Prompt payments of major trade debt
  • No NSF or overdrawn checks
  • At least 50% of owners need to sign personal guarantee

    A reasonable explanation on any of the above may be acceptable towards approval.

  • Trucks & Vans are financed in all categories

  • Vendor pre-funding programs available with AA and standard credits

  • CREDIT GUIDELINES

    Please Note: Many factors are used to analyze credit requests. The following guidelines are presented to give you an overview of the requirements, and to assist you in providing your customer with the most accurate quote possible.

    AA CREDIT:
    AA credit will only apply to the very best credits. These are our lowest application rates. Some restricted industries can still apply.

    Equipment Cost:$10,000 - $34,999$35,000 - $75,000
    Time in Business:3 years5 years
    Minimum CRS:665690
    Average Bank Balance:$10,000$30,000

    A CREDIT:
    A credit is also a bank rate that focuses on excellent credit and good payment history. A credit has no equipment restrictions and is open to almost all financial requests - Application only limited to $50,000.

    Equipment Cost:$5,000 - $24,999$25,000 - $50,000
    Time in Business:3 years preferred3+ years preferred
    Minimum CRS:650675
    Average Bank Balance:$3,000$5,000

    STANDARD CREDIT:
    Standard credit will consider credit reports that have had previous liens if they are currently paid off. Very few equipment and industry restrictions.

    Equipment Cost:$1,000 – $24,999$25,000 - $34,999$35,000 - $49,999$50,000 - $75,000
    Time in Business:2 years3 years4 years5 years
    Minimum CRS:650+650+650+650+
    Bank Balance:$1,500$4,000$8,500$10,000

    B CREDIT:
    B Credit factors include: prior bankruptcy, some past credit problems OK if credit has been re-established. Will consider almost every industry and aged equipment here. Personal guarantees of all owners with 15% or greater ownership. 100% of ownership must be disclosed. Additional guarantors will help when the deal is weak in some areas, however, it will not overcome poor business credit.

    Equipment Cost:$5,000 - $24,999$25,000 - $50,000
    Time in Business: 2-5 years5 years +
    Minimum CRS:600+600+
    Average Bank Balance:$1,500$3,500


    TermsEnd of Lease Options
    24-36-48-60 monthsFair Market Value (FMV)
    72-84 month terms available on a case by case basis subject to credit reviewFMV/10% Buy-Out
     $1.00 purchase option