ECOA NOTICE: If your application for business credit is denied, you have the right to a written statement of the specific reasons for the denial.  To obtain the statement, please contact Credit Administrator, (800) 438-1470 within 60 days from the date you are notified of our decision.  We will send you a written statement within 30 days of receiving your request.  The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applications on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.  The federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission, Equal Credit Opportunity, Washington, D.C. 20580

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INNOVATIVE LEASE SERVICES, INC.   l     Copyright © 2021 Innovative Lease Services, Inc.  All financing products are made pursuant to: CA Finance Lender License #603D039.


Need assistance filling out our Finance Application? Find out exactly what it is that we are asking for... 

Company Legal Name:



State of Incorporation:

Time in business:

Previous Owner Time in Business:

If Previous, Have you kept the same brand name?

# of Business Owners:

Ownership %:

Owner Title:

This is the legal name as filed with the State and on income tax returns. This is important information for the contract we send later where we need to know this. Please make sure to distinguish what type of entity it is, Proprietorship, Partnership, LLC, Corporation are the most common entity types.

DBA or “Doing Business As” is the trade name of the business, most often the name used for the businesses operations. It is common for the Legal name to be different from the DBA. The whole business may be something like John Doe Company Inc., DBA Johns Cafe.

Physical Address of the location where the equipment will be located. 

Often a business may be incorporated or organized legally in a state other than the state where the physical location is located. This information is important so we can verify the corporation is valid, active and in good standing.

This is the operating time in business that the location has been open and operable. Usually the best way to get to this is to ask how long the doors have been open. For a start-up this is 0.

Often a business may have been sold to a new owner who is our applicant. Even if it just happened this is important as the new owner may have a credit consideration for the time in business has been in operation. ***This will only be taken into consideration when there is brand recognition, i.e. business name remains the same.

Is the name on the building the same as it was under the previous owner (not Legal name of the corporation or LLC).

We are looking for ownership of the business in majority. So, if there are 10 owners, but 9 are investors we only are looking for the subsequent information on the Primary Owner(s). Typically we want to see the personal information for the majority of ownership.

At a minimum 75% of business ownership must sign the ILS Finance Agreement. However, 100% of the business' ownership must be disclosed. 

We are looking for the business owner(s) official entity title. For example: 1) Corporations- President, VP, Secretary; 2) LLC- Member or Managing Member; or 3) Proprietorship- Owner.

For additional questions, call (800) 438-1470.