A complete suite of lease products with competitive rates in every credit tier and the best reserves in the business.
Flexible lease terms
Don’t turn anyone away because of credit. ers a variety of programs for all credit types.
We focus on the borrower's ability to make the required down payment and monthly payments.
Leases are structured to keep borrowers in an equity position throughout the term .
to end the lease early, upgrade to a newer vehicle, or even sell or trade the vehicle in and put the equity back in their pocket.
Competitive pricing for high-quality customers. Down payment amount and rate will be driven by applicant credit and will be most favorable for the best credit scores.
No tax returns or proof of income required. Only a credit application and 3 months bank statements. Proof of income may be required to qualify for lowest rates and downpayment.
We lease to foreign nationals/students with no social security number if they own a business, go to school or own property in the U.S.
What it takes to lease from LLP
We approve over 95% of all applicants.
CRED I T PARA M ETER S
Complete application
Complete description of vehicle Last 3 month’s bank statements for most programs*) + Driver’s License (U.S. or International)
Advances from $60,000 with no maximum TER M S 13 to 60 months Same-day approvals. AS SIMPLE AS 1-2-3
If they have the down payment and demonstrated ability to pay, we will get it done We
Credit used to determine pricing and required downpayment.
Any credit score, or none at all
No comparable borrowing
Judgments OK
Liens (non-tax) OK
Previous bankruptcy
Previous repossessions
EL IGI BLE VEH I CLE S
New and pre-owned exotic and highline vehicles
Certain classics
...and a 2% non-recourse reserve for you! *on advance amount
LLP Lease Programs
Lowest downs and rates: Requires proof of income via pay stub most recent tax return, or direct deposit. May be waived for deals below $200,000. No comparable borrowing allowed.
FOREIGN NATIONALS and Students
• No SSN required
• Short term visas are OK
• Must have U.S. bank accounts and valid driver’s license (U.S. or international)
Sale / LEASEBACK
PORTFOLIO Deals
• Customers borrow against the value of vehicles they own outright
• They continue to drive the car
Customer may quality for reduced down payments by:
• getting credit for equity in vehicles already leased through LLP
• utilizing the value in vehicles they own outright
What we need for lease approval/contracts
Most recent 3 months bank statements
• Must be from U.S. bank account that will be used for ACH lease payments
• Electronically validated via email//text link
Credit application
• Valid U.S. or International 2 3
• Complete and signed application with vehicle information and sale price Driver’s license
Bill of sale Sold
LLCs / Partnerships
1. Business tax ID number
2. Operating agreement
• with members list and majority ownership percentage**
Corporations
1. Business tax ID number
2. Articles of incorporation
• with shares outstanding and majority ownership percentage **
* All business leases require a personal guarantor.
** Lessee needs to demonstrate majority ownership or consent of other owners
What we need for lease funding
Signed contracts
• Via DocuSign
2
Proof of insurance
• Loss payee and additional insured:
Luxury Lease Company 210 Summit Ave, Suite C4 Montvale, N.J. 07645
• Coverage Requirements:
100/300/50
$2000 Deductible Coverage must be greater than advance amount
• Insurance address must match the lease address
• If a lease is in a business name, insurance must be in the business name and business address
3 Vehicle inspection
• Anti-theft device must be installed, tested, and working
• Copy of front and back of title or MSO; required for all reassignments
• Odometer statement must match bill of sale
4 5
Proof of down payment
• Cash receipt (CTR if over $10k)
• Copy of check
• Wire receipt
Wiring instructions Will verbally verify before funding
Founded in 2016, LLP is a non-bank specialty nance company headquartered in Montvale, New Jersey. LLP provides nationwide leasing and nancing for high-end luxury and exotic vehicles. www.llp. nance