The Lease Process
LEASE TRANSACTION OUTLINE We are in the process of creating an INSTANTANEOUS, ONLINE credit approval system, Although, for the moment the following continues to apply.

Time frames for all of the steps in this process do vary, although we try to maintain the following for transactions of $150,000 and less. Larger transactions usually require four to five days for processing. 

• Credit investigation:                            Up to 3 hours.
• Transaction Approval:                        As soon as credit investigation is complete.

Completion of the above steps are primarily contingent upon the accessibility and cooperation in obtaining bank references and/or trade references.

• Document preparation and sending:    By end of business day.
• Funding:                                                        Within 1-2 Business days of completion of Step 8

1. Credit application is received via e-mail, website, or fax.
2. Application is immediately logged into system and credit history obtained.
3. If all necessary information is immediately accessible and all customer preferences are known (i.e. term, equipment, cost, etc.) transaction is approved or declined.
4. With approval lease documents are prepared and sent (via e-mail or overnight delivery) to lessee.
5. Lessee executes documents and returns documents to U.S. COMMERCE.
6. Purchase order to vendor (entity issuing invoice) is faxed upon receipt of properly executed documents.
7. Equipment is delivered to lessee and U.S. COMMERCE obtains hard copy of original invoice.  (We must have original invoice to fund transaction.)
8. U.S. COMMERCE verifies delivery and functionality of equipment with phone call.  Upon verification and receipt of certificate of acceptance, U.S. COMMERCE funds vendor.