Here are some specifics :
Time in Business
The business must be in operation for at least two years to qualify
for any of our standard lease plans. However, we do offer a special
New Business Program for those who have been in business for at
least six months, but less than two years.
Type of Business
Although we review each application on an individual basis,
those businesses with historically high success rates are naturally
preferred, while those with a high risk of failure are generally
discouraged.
Type of Equipment
The type of equipment to be leased must be appropriate for the type
of business submitting the application to be approved by Alliance.
Checking Account History
The lessee must have a business checking account with at least a
6 month history of activity that reflects prudent financial management
practices.
Trade References
We ask for at least two trade references with which we can verify
a relationship and credit history that bills are paid in a timely
fashion.
Personal Credit History (When appropriate)
We look for a favorable record from the reporting bureaus: the amount
of unused, available credit, as well as the overall payment and
credit history. Applicants with no chronic history of late payments,
tax liens, judgments or bankruptcies are preferred.
Existing Lease
If the applicant is a current or former lessee of Alliance Leasing
Services, with a good payment history, we will generally approve
a new lease application.
