All equipment financed:

• Must be 10 years old or newer
• Must be at least $15,000 per asset
• Must be within 10% of comparable values
• Must have a proven and accessible secondary market

Guarantor guidelines:

• Minimum average FICO score of 680
• No bankruptcies in the past 7 years
• Maximum exposure not to exceed $250,000

Rates and commissions

SunBridge Capital’s rates and pricing are calculated based upon the applicant’s performance on the SunBridge Capital credit model. The SunBridge Capital credit model considers characteristics of the applicant including FICO, verified time-in-business, Dun & Bradstreet data, asset and transaction size. We offer buy rates from 10.5% up to 27.5% with typically only the first and last payment in advance. Brokers can build their own structures with TermBuilder, SunBridge Capital’s online deal-structuring tool. Each approval can earn you up to 10 points of commission, regardless of transaction size or credit.

Financing types available

• TRAC leases are used for financing transactions containing only titled equipment and with residuals of 10% to 20%.
• First Amendment leases are used for funding transactions containing at least one piece of non-titled equipment and with residuals of 10% to 20%.
• Capital leases are used for financing any type of equipment for transactions in which the residual is $1 or $101, depending on the state.

Geography

SunBridge Capital funds transactions in which the applicant both resides within the 50 United States. Start-ups do not qualify in Alaska and Hawaii.

Vendor and seller guidelines

SunBridge Capital can only fund transactions with the following types of equipment sellers:

• Licensed equipment dealers
• Private businesses (for titled equipment only)

Please note: we can only fund the owner of the equipment and/or lien holder as indicated by the title or UCC filing. In addition, sale-leasebacks are excluded.

Factors not considered

SunBridge Capital does not consider the following elements when making credit decisions, and they do not positively or negatively affect the credit decision, rate or terms available:

• Additional collateral
• Additional capital cost reduction (money down)
• Home or real estate ownership
• Broker recourse
• Vendor recourse
• Bank balance
• Industry experience
• Trade references
• Credit references

After reviewing these guidelines, please check the Asset Guidelines for more specific requirements.