Credit Challenged Equipment
Leasing & Financing

Our Credit Challenged Equipment Leasing Program is tailored to people that have previously had bad credit, poor credit or credit challenges in the eyes of the banks and other equipment finance companies.

Have you been turned down by your bank or an equipment vendor's finance company for equipment leasing or equipment financing? We can help!

Have you or your business experienced any of the following?

Bankruptcy - Charge-Offs - Repo's - Slow Payments - Tax Liens

At Alpha Equipment Leasing we take pride in helping people with bad credit or other credit challenges obtain the financing they need to acquire equipment for their business to grow. Even in the current "credit crunch" that our economy is experiencing we have options for you and your business that most banks can NOT offer.

How do we help business owners with bad credit?

Option #1: Credit Score over 550 (FICO)

We will pull your FICO credit score and if your credit score is over 550 there is a strong possibility of getting your equipment funded. We may even be able to fund 100% of the equipment acquisition cost depending on time in business, payment history and other compensating factors.

Requirements:

1. All credit problems must be in the past.

2. All Collections, Judgments & Tax Liens must be paid and satisfied.

3. Bankruptcy must be discharged (typically 3 years) and you MUST show new credit with 'on time payment' history since discharge date.

4. We will need a letter explaining all past credit problems and that the problem has been resolved.

5. No credit problems in the past year.

*We have a significant Off Lease Inventory and are making HUGE exceptions on credit and bankruptcy guidelines to move this equipment. No Bankruptcy Restrictions at this time. We will work with you to move this equipment and help your business grow!

APPLY TODAY - Credit Challenged Equipment Leasing Application

Option #2: Additional Collateral

By using additional collateral that you already own we can take the free and clear title on your existing construction equipment, heavy equipment, commercial trucks, commercial trailers or equity in your home and create a security interest against them.

See our Working Capital Program for even more details.

Don't have additional collateral? We can also use assets that are owned by friends and relatives to create a security interest and get you the money you need.

If you do NOT have additional collateral and do not meet the criteria of Option #1, then we probably can NOT help you with your credit challenged equipment leasing request at this time.

What we need YOU TO DO and need YOU TO PROVIDE:

1. Do NOT "shop around" with other banks or finance companies! Why? Most companies DO NOT have a Credit Challenged Equipment Leasing program. Each time you apply with someone they pull your credit report and your credit score typically drops. *Ask if they offer credit challenged equipment financing before you apply with them.

2. Please provide a type written explanation of what your business does, how you get paid, history of your company, your experience and the reason you need the equipment.

3. Please be ready to provide the following financial information with your application: Bank Statement (last 3 months), last 2 years Tax Returns (personal & business), and any other applicable documents which you think may help with your approval.

4. Please provide any contracts or such that will help prove you have the ability to repay the lease or loan.

What should you do if we can't help you with financing?

The surest approach to improving your credit situation can best be explained at www.AnnualCreditReport.com where you can get a free copy of your report and ALSO clean up any credit reporting errors you may have on your credit report - FOR FREE! It will take some time and effort, but the results will pay off in the long run.

Being a former Loan Officer and having worked in the finance and banking field for over 12 years, I have seen it all. Credit repair scams, self credit repair, guaranteed credit approvals and such. - DO NOT FALL FOR ANY OF THEM!

Bad things happen to good people... We are here to help!

We are your choice for Credit Challenged Equipment Financing!

APPLY TODAY - Credit Challenged Equipment Leasing Application