Leasing Programs: Credit Guidelines (Application
only to $50,000)
Cascades Financial knows how difficult it is for those who have
been in business less than two years to get financing for the new
equipment they need to make their business move forward. To help,
we have a Startup Lease, which is designed to help start-up companies
have access to equipment they might not otherwise be able to acquire.
| Time in Business |
0 to 2 years of operations. |
| Bank Reference |
Business Checking account with an appropriate average balance
for the amount requested and with a six month relationship. |
| Trade Reference |
Two references with whom we can verify that bills are paid
in a timely manner. At least one of these must show a six month
relationship. |
| Personal Guaranty |
The principals of the business will need a satisfactory four-year
minimum personal credit history. In some cases, a personal tax
return may be requested but not always. |
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