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SoCal Leasing and Financing - Random Question

Clayton Taylor

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Hey - I'm considering trying to go through SoCal to upgrade my lenses... So I have a question for anyone that's used them recently. Any clue what their lending requirements are? What score do they require - were you over 650? Over 700? Over 750/800? Do you pay a percentage of the purchase price with them financing the rest? If you'd prefer to PM that's fine - hopefully this is an OK topic to post about. Just trying to get a feel for whether or not it's worth trying.
 
I checked them out the rates were decent but still high and I was on the upper end of things. Citi bank has a 21 month interest free card "Citi Simplicity" I'd look into that if you think that would fit your needs
 
They have high rates, better off going to your bank
 
They finance at full value because it's a lease, not a loan. That said, their leases will typically be much more expensive than a bank loan if you're able to qualify for one. Figure a 10%-15% interest rate equivalent.
 
Check out this company several of our clients use:

Western Equipment Finance
Attn:
Randy Freeman
(701) 665-1641 office
(407) 617-7212 cell
randy.freeman@westernequipmentfinance.com
www.WesternEquipmentFinance.com

They partnered with Angenieux for a special dealer finance program a couple years back.
We've had them listed on our website ever since.
 
I have worked with Randy at Western Equipment Finance and he is very good.

Also recommend very highly Brandon Ebrahim.

Brandon Ebrahim
First Option Capital, Inc.
23232 Peralta Drive Suite 215
Laguna Hills, CA 92653
Direct : (949) 900-6301
Brandon@firstoptioncapital.com
 
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