TEAM Funding Solutions is a direct funding source dedicated to funding "C-Credit Leases" for the Broker Community!" Your customers are welcome Nationwide.
Typical transactions: A typical lease will range from $10,000 to $100,000. 12-36 month lease terms. Additional collateral is not required.
We prefer to work with Brokers who are members of equipment leasing associations such as: NAELB and NEFA. New Brokers are welcome that have been formally trained by known equipment leasing education companies.
TEAM's Unique Position in the Equipment Leasing Market Place: TEAM is a C-credit equipment funder that provides a unique alternative to credit scoring. We fund new business start-ups and older businesses with weaker credits by rolling up our sleeves to understand "their story". Leases are approved and funded based on common sense, the Lessee's potential for positive cash flow and the Broker's input.
When you think like the "Local Banker" you will find some terrific business operators that deserve credit!
What is a C-Credit Customer? We define C-credit in 2 ways.
1. New Business start-ups: Any business less than 2 years old. It's important that new business owners have alternate sources of income such as: working spouses, other business ownership, real estate income, retirement income, etc.
2. Older Businesses with credit issues: Any business more than 2 years old. Many business owners experience credit problems. It's a common occurrence when trying to grow a business. TEAM will approve and fund leases for any business that can demonstrate integrity, organization skill and the potential for positive cash flow.
Can you believe it? TEAM will really fund C-Credit leases. These are businesses that most lenders will not even consider. We've been doing so since 1992. Once you learn TEAM's credit appetite, you too will earn thousands of dollars every year on transactions that used to end up in your dead box.
For questions, enrollment and information regarding the submission of transactions, you may call a trained representative at TEAM 888-457-6700 ext 109.
If you are new to the leasing industry TEAM will help you learn how to compete in a growing industry filled with tremendous financial opportunities. Call us for details.
TEAM is a "C-Credit" Lender registered as a Direct Funder with NAELB.
