US Funding LLC - Headquarters:
300 Lackawanna Avenue, Suite 3, Woodland Park, NJ 07424
Steve Schachtel - President
Phone: 973-339-9900 Ext. 101 - Fax: 973-339-9899
Frequently Asked Questions About Leasing.
1. Why lease?
Leasing provides a great deal of flexibility in managing your equipment acquisitions. Whether you are a small or large company, leasing allows you to structure the equipment acquisition to best suit your time frame and payment structure. Leasing offers a new source of credit with the added benefit of being able to expense monthly payments.
2. Who can finance or lease?
Any company that is using the equipment for a business or commercial use.
3. How can my business benefit from leasing?
Businesses can benefit from utilizing equipment leasing. Whether the business is new or established, financially strong or challenged, leasing will provide you with the necessary equipment without the large down payments generally required by banks and often times with more lenient credit requirements.
4. Do you finance software?
Yes we do.
5. What types of equipment can I lease?
US Funding can provide financing/ leasing for all types of equipment as long as it is used for business purposes. Equipment types include office equipment, printing presses, titled vehicles, medical and dental equipment, computer hardware and software, video production and many other types.
6. What kinds of lease terms are available?
Lease terms usually range from 12 to 84 months with various end-of -term options available.
7. How long will it take to get an approval?
Processing of your credit application will begin immediately upon submittal. Once we have received all the necessary information, a credit decision will be provided to you usually within 24 hours. In certain instances, other financial information may be required such as tax returns or financial statements.
8. What is needed to qualify for my equipment lease?
We can provide ‘application only’ programs as follows:
•For Start Ups and businesses under two years old, our ‘application only’ program is up to $35,000
•For established commercial businesses we have ‘application only’ programs up to $150,000
For established medical practices and hospitals we offer ‘application only’ programs up to $200,000
For request above those amounts we require a full financial package.