Equipment Leasing and Financing Company Announces a New Groundbreaking Way to Lease Equipment With Zero Effect on Credit Scores

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Getting good business equipment leasing rates has never been faster or easier; LeaseQ offers free comparison shopping site for equipment financing with zero impact on credit score.

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LeaseQ is a revolutionary new online comparison shopping site that helps business owners get instant leasing quotes from the leading equipment finance companies for virtually every type of business equipment available.

For business owners starting up a business who are considering purchasing reliable equipment for their business, many may not realize that leasing is likely the best option. The problem is that finding the best equipment leasing rates and plans has always been an enormous challenge. However, a new online comparison shopping site is now changing all that. A groundbreaking new company called LeaseQ helps business owners get instant leasing quotes from the leading equipment finance companies for virtually every type of business equipment available - now making leasing and financing business equipment extremely simple.

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The service from LeaseQ is free to use and best of all, the process has no impact on a business owner’s credit score. And for companies that traditionally have been difficult to finance, LeaseQ has partnered with leasing companies that specialize in financing start ups or provide leasing to companies with challenged credit. LeaseQ even has finance firms that provide alternative financing options such as 401K plan financing or daily cash financing to help get business owners the equipment they need.

When talking about providing business owners more financing options Co-founder and CEO at LeaseQ, Vernon Tirey said; “It's tough to be a small or medium business owner today especially if you're looking for equipment financing. At LeaseQ we are all about providing options; this not only includes finding the best equipment finance options such as multiple lenders, multiple plans and a breadth of financing terms and rates but also equipment finance options to buy online or through a dealership.”

Today LeaseQ is rolling out versions of its service to help companies get quotes and apply for equipment financing both online, or through an equipment dealer, or even direct from the factory. Tirey said, “In addition to coming direct to LeaseQ for a quote, we are introducing LeaseQ to Dealers and Manufacturers and we are having great success because we are helping sell more equipment. LeaseQ provides equipment dealers two ways for their customers to get instant quotes and apply for a lease: 1) We provide a widget that the dealer can put on their website that allows customers and prospects to apply directly online and we alert the Dealers by email and provide sales lead data back to the dealer, 2) We also provide a Dealer Dashboard so they can help customers get a quote in the dealership. And if a customer needs special financing, whether in the showroom or online, the LeaseQ customer service team is available to help."

Turning A Two Day Process Into A Two Minute Process - How Does Equipment Leasing Work?

To turn a painful two day application process into an easy, fast two minute process LeaseQ had to significantly change the equipment leasing application process. “Generating instant quotes required that we turn equipment leasing on its head,” Tirey said. “Traditionally a borrower had to print an application, complete the form, fax it in to a Lender and talk to a sales rep a few times just to get a quote. But at the borrower fills in a little information about themselves and their company pushes a button and gets instant competitive quotes before choosing a lender or completing an application. Behind the scenes LeaseQ is running personal and company credit checks and then bouncing the information off our proprietary underwriting engine where LeaseQ has captured all the Lenders underwriting criteria."

Because LeaseQ makes a “soft” credit inquiry the credit pull has no impact on the business owner’s personal credit. In fact, the business owner can come back and get financing quotes as often as he or she likes. There are also big benefits for the finance companies because lenders only receive pre-qualified applications that meet their specific credit criteria.

How Does This Equipment Leasing and Financing Company Offer the Best Equipment Rates?

The best way to get the best equipment leasing and financing rates is to get the best finance companies in each vertical marketplace. Tirey said: “There are lots of good finance companies out their but most finance companies have a handful of equipment types such as medical equipment or construction equipment where they really understand the market place and lenders typically focus on 'A' Credit or 'B-C' Credit or 'D' credit. We call our approach putting ‘Aces In Their Places’ because when we get the best compliment of Lenders with deep vertical market knowledge on the platform it’s a huge win-win for everyone. The equipment borrower gets great rates, the equipment dealer gets paid quickly and the lender gets an ideal equipment lease customer. We are adding top-notch leasing companies to the LeaseQ underwriting engine every month so the customer experience is continually improving.”

What Sets LeaseQ Apart?

The LeaseQ customer experience puts the business owner looking for equipment financing in control. No sales reps, no waiting, just an easy fast way to choose the best financing and complete an application. Best of all, LeaseQ provides the business owner equipment free financing quotes with no impact to their personal credit and free specialty financing help from the LeaseQ team for all those tough equipment financing challenges.

About LeaseQ:

LeaseQ is an online market place based in Woburn, Mass. that connects businesses, equipment dealers, and leasing companies to make selling and financing equipment fast and easy.

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