Unfortunately, based on your answers, we are unable to offer a financial services solution at this time.
This could be due to one of, or a combination of, the following: credit, time in business, cash flow, and/or the equipment you’re buying. Fortunately, the PreQual does not affect your personal credit.
With that in mind, it is possible to work outside the box. There are usually three possible ways to provide credit enhancements in underwriting for a structured approval:
- Additional money down (usually 35% or more)
- Additional collateral
- Additional personal guarantors or co-signers with excellent credit
If you want to pursue one of the above OR have questions about this decision, please contact us at 1-888-475-2337 or by email at info@americanEFS.com
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