News

FINPAC EXPANDS ITS "APP ONLY" PROGRAM TO $75K

6/1/2012

For the first time in its 37 year history, Financial Pacific Leasing has extended its "App Only” maximum limit from $50k to $75k.

The higher maximum limit is available to FinPac’s top sources on a pre-approved basis. These higher dollar applications will continue to benefit from Financial Pacific’s industry leading fast and convenient application process. Buy rates are determined on the identified risk of the applicant and owner’s credit under FP’s risk based pricing model.
 
Rates for the $50k - $75k product are generally 200 bps lower than the standard program and can be as low as 9.95% for the best credits.
 
Financial Pacific Leasing is the industry’s leading funding source for B/C small-ticket, application only leases sourced through third-party originators nationally. FinPac’s commitment to the leasing broker community has been consistent and unwavering for the past 25 years. FinPac has funded over $370 Million in equipment acquisitions over the last three years.