To ensure your best clients have the best pricing and terms available, Oakridge Leasing has introduced their Preferred Commercial Program. This program gives established businesses with an exceptional credit rating up to $10,000,000 in equipment financing. Our Standard Commercial Program pricing is available to companies that do not quite make the requirements of our Preferred Program.

The basic criteria is at least 7 years time in business with a history of profitability and have a positive cash flow after debt amortization sufficient to cover the amount being requested. Leverage for these businesses may be as high as 6:1.

Acceptable terms are from 24 to 72 months. A 72-month term has additional requirements (i.e. Minimum 10 years time in business, No partially restricted industries, No computers or computer-related equipment, software, or point-of-sale systems, and No used equipment.).

Documentation Requirements for Preferred Commercial Program:

In addition to a completed Application Form we also require:

Financial Statements – We require the most recent 2 fiscal year statements, complete with all schedules and notes.

Current Interim Financial Statement – We require a current business interim financial statement if the fiscal year-end statements are for a period ending more than 90 days prior to the date of submission of the application.