#1
January 18th, 2016, 01:04 PM
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PNC Bank Equipment Leasing
What is the lease process to get financial support by PNC Bank to buy equipment for business use ?
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#2
January 18th, 2016, 01:05 PM
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Re: PNC Bank Equipment Leasing
As you want I am here telling you simple process/ steps of lease process to get financial support by PNC Bank to buy equipment for business use . PNC Bank lease process: Obtain a Quote: Identify specific needs. Consider factors such as how long the equipment will be used . Apply via Fax or InfoTrac For leases of less than $75,000 : requirement a completed and signed credit application. For leases of more than $75,000: Submit two years of financial statements including a balance sheet and income statement. Credit Review: Bank conduct a credit review . After reviewing the completed application , approval decisions for requests of less than $75,000 are obtained between four and eight business hours. For larger leases normally respond within 24 hours after receiving all of the necessary paperwork. Documentation Upon approval of application bank send documentation to be signed and returned. Funding Customer will be able to obtain same-day funding when bank received the proper documentation and verify equipment installation (by noon ET). Bank will then release payment to the dealer via direct-deposit. |
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