These Guidelines & Buy Rates are intended as a basis for you to prepare preliminary quotes for your customers.  They Do NOT include Broker points and are subject to change without notice.  Actual Rates can vary depending on the level of credit risk and/or collateral risk inherent in each transaction.  Our final rate commitment will be quoted to you following the completion of our credit review and due diligence.  We Reserve the Right to adjust these leases based on market conditions.

    Mar Vista Financial

       17853 Santiago Blvd. # 107-486

   Villa Park, California, 92861

          Phone AND Fax:  888-835-9995, Extension 8.


            HOME PAGE

 


GENERAL CREDIT GUIDELINES
  • Deal Size:  $20K-$100K
  • Terms:  24 to 60 months
  • All Leases are either "Term Residual" Leases or FMV (Fair Market Value) Leases
  • Personal Guarantor required on all deals
  • All PG's must be a Homeowner

  • 2 Advanced Payments Required on all Leases

  • $150 Admin Fee Required Prior To Docs

  • Geographic Limitations: We do not service: Alaska, Hawaii, or Louisiana.
    No FMV's allowed in: Connecticut, Montana, New Hampshire, or Rhode Island
    NO TRL's allowed in: Georgia 
 



"A" PROGRAM

Deal Size: $20K to $100K

Terms:  24 to 60 months

CBR:  695 Minimum

Bank: High 4

TIB: 5 + Years
 


 Term Residual Lease            

24 (21 + 3) = .05314

36 (31 + 5) = .03817

48 (42 + 6) = .03045

60 (52  + 8) = .02610


Fair Market Value (FMV)              

24 = .04732

36 = .03383

48 = .02761

60 = .02370






"B" PROGRAM

Deal Size: $20K to $75K

Terms:  24 to 60 months

CBR:  685  Minimum

Bank: Mid 4

TIB: 2-5 Years 


Term Residual Lease              

24 (21 + 3) = .05503

36 (31 + 5) = .04066

48 (42 + 6) = .03314

60 (52  + 8) = .02943


Fair Market Value (FMV)              

24 = .04930

36 = .03640

48 = .03040

60 = .02720






 "STARTUP" PROGRAM

Deal Size: $20K to $50K

Terms:  24 to 36 months

CBR:  690 Minimum

Bank: Mid 4

TIB: 0-2 Years 


Term Residual Lease              

24 (21 + 3) = .05812

36 (31 + 5) = .04454


Fair Market Value (FMV)              

24 = .05250

36 = .04050

              

                         


 **The Term Residual Lease (TRL) acts as an option to either purchase or return the equipment at the completion of the Original Lease Term.  Compared to a standard FMV Lease of 12, 24, 36, 48, or 60 months, the term on a TRL is shortened to 10, 21, 31, 42, or 52 monthly payments. The Lessee can return the equipment after the Original Lease Term or they can choose to purchase the equipment by making 2 additional monthly payments on a 10 month term (12 payments to own), 3 additional monthly payments on a 21 month term (24 payments to own), 5 on a 31 month term (36 to own), 6 on a 42 month term (48 payments to own), or 8 on a 52 month term (60 payments to own.)  The Residual payments are made monthly. 

SUBMIT YOUR DEALS TODAY !!!

Email your submission to submissions@marvistafinancial.com