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Apply for a line of credit
Let OMB
set you up with a lease line of credit today. You may be surprised
how easy it is, and for how much your business qualifies.
OMB
Commercial Application
OMB
Personal Application
OMB
Personal Net Worth Statement
OMB
Commercial Vehicle Application
Lease Application FAQs
Q:
Why Lease?
A:
Leasing has become one of the most widely used methods of financing
for equipment and machinery acquisitions by businesses. Here
are just some of the reasons why:
- Capital Preservation
- Credit Preservation
- Easier Budgeting
- Financial Efficiency
- Flexibility
- Tax Deferral
Q:
What types of assets can be leased?
A:
OMB Capital Corp. can provide financing for virtually all types
of equipment, machinery and other capital assets. We can even
arrange leases for computer software.
Q:
Who can lease?
A:
OMB works with virtually any type of business entity, including:
- Established businesses of all types
- New business and Start-ups
- All Industrial and Manufacturing sectors
- Institutions and Non-Profit Organizations
- Universities and School Boards
- All levels of Government
- Hospitals, Medical and Dental proctices and clinics
- Professionals and Consultants
Q:
What are the rates?
A: OMB continually strives to provide the
most competitive lease rates available. Rates are
dependent
upon the customer's credit profile, length of time in business and
industry, as
well
as on the type of equiment, size of transaction and term/structure
of the lease.
Q:
Is a down payment required?
A:
Generally, for customers who meet the minimum credit and length
of time in business requirements, no down payment is needed.
On execution of the lease, an amount equal to first and last month's
lease payment with a small documentation fee is all that is required.
Q: Are
personal guarantees required?
A:
Provided that the business meets certain minimum credit requirements,
no personal guarantees are required. In some instances another
related business can act as a guarantor for a lease, rather than
having owners or partners act as a guarantor.
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