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Credit Criteria

For All Applications
  • Minimum 2 years of satisfactory credit history for business and/or principals.
  • Evidence of prior comparable trade credit or debt obligations.
  • Satisfactory bank account standing and history.
  • Satisfactory Statement of Disposition for any item of public record. i.e. - Collections or Lawsuits.
For Application Requests Exceeding $50,000
  • Evidence of tangible net worth for the business.
  • Evidence of satisfactory earnings from operation.
  • Evidence of satisfactory debt-to-equity ratios.
  • Evidence of adequate working capital & cash flow.
  • Evidence of capacity to service additional debt obligation.
For Application Requests Exceeding $250,000
  • Demonstration of competent management (normally from business plan details).

 

Westport Leasing Corporation
11198 - 84th Avenue Box 33026
Delta, B.C. CANADA V4C 2L7

Phone: (604) 681-1260 | Toll Free: 1 (800) 667-0747
Fax: (604) 681-1680 | Toll Free Fax: 1 (800) 667-4426