Credit Criteria

Before your client's lease application is approved, it will be assessed to ensure the following criteria is met:

• Evidence of financial strength and stability demonstrated through time in business and company financial information.
  
  
• Evidence of necessary cash flow to repay the lease demonstrated through credit references and company financial information.
  
  
• Evidence of willingness to abide by credit terms demonstrated through credit agency reports, trade references and bank reports, as well as through court and collections records.
  
  
• Asset to be leased is suitable collateral.

Where any of the above criteria cannot be met due to the young age of a business, the business owners personal credit and financial information will be considered.

To learn more about the benefits of Westport's programs and services from your customer's perspective, refer to our direct programs section.

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