1.) The first step in lease financing is to find the exact equipment needed and negotiate with your supplier on specifications, cost, delivery, warranties and servicing.

2.) The purchase arrangements are then given to a CEL representative who will prepare a quotation structured to meet your specific needs.

3.) Upon acceptance of the proposed lease terms, a credit application is completed and processed. *Only a completed credit application is needed under $75,000.

4.) A credit analysis is completed within a short period and a decision is rendered.

5.) Upon approval, documentation is prepared by CEL and delivered, mailed, or express mailed for the lessee's signature.

6.) Upon return receipt of the signed documents, CEL will issue a purchase order to the supplier notifying him that the equipment can be installed in accordance with your pre-arranged schedule.

7.) CEL verifies with the lessee that all equipment has been installed and immediately pays the vendor.