Nationwide Funding can approve most lease applications in just a few hours. To help expedite the process please provide accurate and complete information on the application.

Time in Business
The business must be in operation for at least two years to qualify for any of our standard lease plans. However, we do offer a special New Business Program for those who have been in business for at least six months, but less than two years.

Type of Business
Although we review each application on an individual basis, those businesses with historically high success rates are naturally preferred, while those with a high risk of failure are generally discouraged.

Type of Equipment
The type of equipment to be leased must be appropriate for the type of business submitting the application to be approved by Nationwide.

Checking Account History
The lessee must have a business checking account with at least a 6 month history of activity that reflects prudent financial management practices.

Trade References
We ask for at least two trade references with whom we can verify a relationship and credit history to confirm that bills have been paid in a timely fashion.

Personal Credit History (When appropriate)
We look for a favorable record from the reporting bureaus: the amount of unused, available credit, as well as the overall payment and credit history. Applicants with no chronic history of late payments, tax liens, judgments or bankruptcies are preferred.

Existing Lease
If the applicant is a current or former lessee of Nationwide Funding, with a good payment history, we will generally approve a new lease application.