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We look at credit submissions differently based on the size of the request.
In general, the smaller the cost of the equipment requested the less extensive the analysis and vise versa. For this reason, we only require an application, bank rating (or last 3 bank statements) and credit bureaus on all personal guarantors for requests up to $30,000. Transactions $20,001 - $30,000 are limited to "higher quality credits" as defined in our Broker Guidelines and must be accompanied with a summary detailing any prior business experience and continuing outside income of the guarantors. Larger credits that do meet our desired criteria may be considered further with a one year financial package.
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