Is there a minimum dollar amount that be can be financed?
Yes, all transactions must be $10,000 or greater to qualify.
What amount can be financed with a simple application?
Amounts up to $100,000. Transactions over $100,000 will require additional financial information.
What if the customer has a poor credit history?
We can accommodate most levels of credit with tiered rates. Customers with excellent credit deserve the best rates possible. Those with a lower credit score are a higher risk customer and fall into higher tiered rates.
What if the customer is a Start Up?
Start ups will be handled on a case-by-case basis. Additional financial information will be needed in order to determine credit worthiness.
Does Starrco require a down payment?
Typically no. We generally collect the first months payment with the signed contract.
Is insurance a requirement on all transactions and will it hold up financing?
Insurance is required but because we are self insured your material is covered on day one and will not delay funding.
Do you offer any programs to defer or postpone monthly payment?
Yes, we offer several programs that are subject to credit approval.
- Quick Start Program: 1st six payments are deferred.
- Seasonal Payments: Customers may choose to skip three consecutive months each year of the contract to accommodate their slow season.
- Step Up Payments: Payments start out low and increase quarterly through the first year to give you the opportunity to generate revenue prior to making full payments.
- 90/90 Program: $90 down and $90 per month for the first three months.