 |
6STEP APPLICATION TO FUNDING PROCESS |
Step 1: |
A lease begins with a COMPLETED LEASE APPLICATION which may be faxed, mailed or taken via
phone. |
Step 2: |
Extra information may be required depending upon the credit information and size of the
lease requested. |
Step 3: |
An approval will be provided with terms, conditions, and any special requirements.
(Typically one two business days after receipt of completed application.) |
Step 4: |
UPON APPROVAL, the lease documentation will be OVERNIGHTED to the customer (lessee) in
accordance with the sales invoice and desired terms and payoff. |
Step 5: |
Upon Lake Union Leasing’s receipt of the completed lease documentation from the
lessee, a purchase order will be issued to the equipment vendor to start the project
and/or deliver the equipment. |
Step 6: |
Upon receiving verification of the equipment delivery and acceptance, Lake Union Leasing,
Inc. will pay the equipment vendor and the lease will begin. |
 |
