Step-by-step help with applications, documents, choosing a lessor and understanding timelines.
Applying for an equipment lease is usually faster than applying for a bank term loan, but the details still matter. Lessors want to understand your business, your credit, the equipment and the vendor, and they price the deal based on how clean the file looks.
This section covers the application process from first quote to delivery, the documents most lessors request at different deal sizes, how to choose between banks, captive finance arms, independent lessors and brokers, how long each stage tends to take, and how to read the agreement before you sign.
If you are early in the process, begin with the step-by-step guide and then work through the pre-application checklist. It is designed to help you gather what you need so the lessor can approve and fund quickly.
Applying and Process
Compare the main types of equipment lessors, learn what to ask before applying, and use a due diligence checklist to choose a lessor you can trust.
Applying and Process
Follow the full process of leasing commercial equipment, from choosing the machine and getting quotes to credit review, documents, delivery and acceptance.
Applying and Process
Which documents and qualifications lessors typically require for small, mid-size and large equipment leases, plus tips for startups and used equipment.
Applying and Process
See realistic timeframes for each stage of an equipment lease, from quote to funding, what slows things down, and how to speed up your approval.
Applying and Process
A clause-by-clause guide to commercial equipment lease agreements, covering hell-or-high-water, default, UCC, guarantees, renewal, insurance and return terms.
