What is the documentation flow of an average deal?
A. For established corporations the process begins with a completed lease application, along with requested financial data (as needed). the credit package is reviewed for type of equipment, funds requested and risk. A decision is made, approval issued and lease agreements are sent to the lessee for signature. Upon return receipt of the packet, ProPower Capital notifies the vendor/manufacturer for delivery of requested equipment. Upon receipt acknowledgement by the lessee, the manufacturer is paid and lease payments begin as stated in the lease agreement.
