CUSTOMER BENEFITS
- 2nd Chance Financing
- As Low as 555 Credit Score
- Seasonal Payments
- Early Payoff Discount
- Skip-Payment Option
- New & Used Equipment
- Affordable payments
- $200 Up to $15,000
We Approve 30% - 40% of turn-downs by "A" Credit Lenders
No Costs for Anyone to Apply
- NO Dealer Fees! For Personal or Commercial
- NO upfront costs to applicants
Personal Underwriting
- 15 Minute pre-approvals
- Full approvals within about 1 hour with cooperating applicants
- Transaction amount from $200 to $15,000
Easy Underwriting Terms
- Credits down to 555 score - express over 625
- Add peripheral items (replacement parts, tools, etc.)
- Key Criteria: 1 year job, bank account 1 months, monthly net income $1,300
- Can be either a 1099 or W2 type employee
- Some exceptions for W2 between 6-12 mo employment or bank less than three months
Tips for Quick Decisions
- Complete applications - longest wait time is chasing down information with applicants
- Honest applications - anything where verification doesn't match drives extra underwriting / verification-this slows down the process
- Provide core documents timely - Valid ID, Paystub, Voided Check, 30-90 Days Bank Statements
- Clear & legible documents - ensure entire document in view (see four corners of document)
- Documents have required information -for example, account number and name on bank statement
Honest, Favorable Terms to Applicant
- Customer pays only 1st lease payment to get out the door after approval applicants
- Convenient Installment Leases tied to when applicants get paid
- Term based on amount of purchase
- 30 day same as cash option
- Never any prepayment penalties, early payoff charges or anything of the sort
- Up to two Skip-A-Payments (can't be used back to back)
- No end of lease costs
QUESTIONS?
CONTACT US TODAY! 888.464.6256 x304
Visit our website - mowerfinance.com