Question 1

What are eLease rates?

Accepted Answer

eLease offers a business financing product that ranges from 4% APR up to 35% APR.

Question 2

Does eLease charge an origination fee?

Accepted Answer

Yes, eLease charges a loan origination fee .

Question 3

Does eLease charge prepayment fees?

Accepted Answer

Yes, eLease may charge additional fees to borrowers who pay off their small business loans sooner than anticipated. Take this into consideration when choosing a business loan product because prepayment penalties can reduce or even cancel the interest savings of repaying a business loan early.

Question 4

How much can you borrow from eLease?

Accepted Answer

Business loan amounts start at $1,000 and go up to $500,000.

Question 5

What is the maximum business loan term you can get with eLease?

Accepted Answer

eLease offers small business loans with terms ranging from 24 to 60 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

Question 6

What do you need to qualify for eLease Equipment Financing?

Accepted Answer

eLease Equipment Financing requires companies to be in business for at least 1 month eLease Equipment Financing does not require or does not disclose a credit score minimum. U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by eLease Equipment... Learn More at SuperMoney.com

Question 7

Does eLease perform a hard credit pull?

Accepted Answer

Yes, eLease performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer. Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if... Learn More at SuperMoney.com

eLease Equipment Financing

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