Why Credit Write-ups Help Funding Approvals. Lease Genie takes time to learn about our client’s business and completes a credit write-up on all its clients to improve a successful approval and funding. It is important for the equipment being financed either saves the company money or makes the company money. Equipment justification helps us understand the need for the equipment. As we discussed in the last four Genie Gem Videos, credit scores and credit modelling play significant roles in all credit decisions. But also, critical to the underwriting process is the “Underwriting Write-up.” Transparency is critical in a client write-up; this will often determine if a client is approved or declined. It is important for Lease Genie to get to know and understand its clients. Our goal is to get all our clients approved and funded, but unfortunately, this is not always the case. Lease Genie understands small business credit and works with our clients for a successful outcome. Lease Genie is committed to helping finance small businesses with Fast & Affordable Equipment Leasing Solutions! Discover why Lease Genie is the preferred equipment leasing company through-out the Midwest.
Categories
- Accounting Rules/Changes (3)
- Business Financing Omaha (8)
- Crude Oil (1)
- Dodd-Frank (1)
- Economy (5)
- Equipment Leasing (18)
- Genie Gems (10)
- Government Leasing (1)
- Latin American Leasing (1)
- Lease Genie (4)
- Section 179 (5)