The Leasing Process

At Connect Lease we strive to make the process effortless and easy to understand.

If this is your first time leasing, please follow the steps below.

1. Submit a Credit Application

(i) Click here to download and print the application form

(ii) Complete and sign the application, then contact Connect Lease for submission instructions.

2. You will receive a Credit Response

Once your application has been reviewed, we will contact you with either an approval or a request for additional information. When we receive your approval it will be conveyed to the customer and/or vendor.

3. We will prepare Lease Documentation

When the application is approved, Connect Lease will:

(i) provide a written lease approval to the customer and vendor where applicable;

(ii) request a faxed invoice (prepared per invoicing instructions provided) from the vendor;

(iii) prepare a lease document and either fax, email, or courier to the customer and/or vendor where applicable, for signing.

4. Return the signed documents

Return the signed documents to Connect Lease Corporation (which will start the vendor payment process), and the original documents with original signatures and initial payment cheque will be express mailed or couriered to Connect Leasing Corporation.

Funds Transfer

Our underwriters will verbally confirm receipt of the equipment with the customer, and release payment to the vendor by cheque or "electronic funds transfer" upon receipt of the original signed documents.

Credit Requirements

Minimum of 3 years in operation, otherwise principal co-lessee may be required.

  • If ownership has changed it may be considered a new business for credit purposes.
  • Good trade payable history.

Proprietorships (& Companies in Operation Less Than Three Years)

For these businesses we will require:

  • Corporate Application with "Principal's Information" completed with Principal's signature.

If your transaction is over $30,000.00

We may require externally prepared financial statements consisting of:

  • Balance Sheet, Income Statement, Notice to Reader and Notes to the Financial Statements.
  • Interim Statements (internally prepared), if Year-End is more than 6 months old.

Lease quotes, at no cost, are available to you. Click here to get a free lease quote.

Contact Connect Lease