Standard Transactions (Full Financial Disclosure)
ü Completed USF Lease Application signed by principals
ü Minimum of three years in business
ü Equipment Information (i.e. invoice, purchase order, etc.)
ü Bank Statements (last 3 months - summary page only)
ü Clean D&B Credit Report (minimum Paydex of 65)
ü Favorable Credit Bureau Reports on PG/Owners - Minimum 650 FICO)
ü Personal Guarantees from principals are usually required
ü Last two FY Financials (Tax Return or CPA prepared) & interims (w/in 90 days)
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| EDM Machines & Robots |
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| Material Handling Equipment |
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| Application Only (No Financial Disclosure)
ü First 6 requirements above also required for AP ONLY deals
ü Transactions up $75,000 will be considered for new and refurbished equipment
ü Personal Guarantees (PGs) are always required (no Corp Only)
ü Minimum FICO score of 690 (in some cases must be above 700)
ü Minimum D&B Paydex score of 65 (in some cases 70 is required)
ü Minimum TIB of 4 years (in some cases 5 years is required)
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