- Broker has the customer complete a CCS Credit Application.
- For transactions exceeding $25,000.00, broker obtains the last two (2) years financial statements of customer, along with any available interim financial data.
- Upon receipt, CCS reviews the information and provides a disposition; or, if additional information is necessary either the broker or CCS (your option) contacts the customer.
- Upon approval, CCS overnights the necessary loan documentation to the customer.
- Upon receipt of the executed documentation and advance rental(s), CCS issues it's purchase order to the vendor or seller of equipment.
- Upon delivery to and acceptance by the customer, CCS overnights the vendor payment and the broker's share of the profit.
Note that, if you prefer CCS will handle all aspects of the transaction from application to closing, keeping you advised of every development, thereby minimizing your need to be involved in the detail.
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