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Leasing Process
- Identify equipment and negotiate price with vendor.
- Submit credit request either on-line or with AEL leasing specialist. Accurate information speeds approval process.
- AEL completes credit investigation - either instantly using business and principal's credit history, or for larger or more specialized projects, within hours using individualized assessment.
- Upon approval, AEL notifies and sends lease contract via e-mail. A lease can be delivered within hours of submitting a credit application.
- After lease contract is signed, AEL issues a purchase order for the equipment and vendor ships the equipment.
- When equipment is delivered and accepted, AEL pays vendor.
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