Finance With Ease and Get the Money You Need!

Select Business Credit makes it easy and simple to obtain the funding you need...

Select Business Credit does not require business plans, audited statements, blanket liens, cross collateralization or many of the other annoyances of dealing with traditional lenders and “big box” leasing companies. Leasing through Select Business Credit is more convenient than alternative forms of financing and leasing in general, has made acquiring equipment as easy as possible, with faster credit approval periods, master lease arrangements, one-stop shopping and continued servicing.

Lease Flexibility

Leases can be structured to meet the lessee's needs. Terms can be structured any number of months from 24 months up to 60 months (some collateral can be stretched out even to an 84 month term). Billing periods can be arranged for quarterly or monthly billing; step up and step down payments can also be arranged, which means that payments would be lower in the beginning or higher in the beginning respectively; the buyout can also be structured (i.e. $1, 10%, FMV).

No Restrictive Covenants

Unlike bank loans or bank lines, leases are written without taking liens against your existing equipment, inventory, or receivables. Leases are not callable - on the contrary, bank loans, even term loans, typically have a call provision which allows the bank to call the loan at their will with very little notice. The reason for this is that banks are required by the Federal Reserve to maintain minimum cash balances on hand and are often forced to call loans in order to meet their reserve requirements. Banks typically require that lessees maintain a minimum balance in their accounts (they are really loaning the cost less the required minimum balance); there are no compensating balances with a lease at Select Business Credit. Our leases are written with no annual reporting requirements or restrictions on the type of activities or ventures that a company engages in.