Chicago, IL

MEF provides equipment leasing and financing options to the Broker community. We partner with you to help you close more deals. We provide a consistent, stable source of reliable funding and flexible equipment finance offerings.

MEF is a full service leasing company, we underwrite, document, book, fund and service our contracts through the entire life cycle of the transaction, this provides you (our Broker Partners) and your customers with a very reliable and consistent source of financing for their capital purchases. As part of our offerings to you we provide a quick, convenient customer centric approach for helping you close more sales. This is done through a low touch, highly automated approach using technology driven solutions. Our process delivers speed and convenience to you and your customers i.e. credit decisions and documentation execution within hours and payment to you and your vendor, in many cases the same day we receive your documentation package, including your vendors invoice.

Broker Offerings:

  • Application only up to $150,000
  • General Credit Appetite: A and B credits
  • Terms: 12 to 84 months
  • Types of Leases: Fair Market Value, 10% and $1 Purchase Options and Purchase upon Termination (PUTs)
  • Equipment Finance Contracts
  • Co-branded, easy-to-read documentation
  • Discount Programs
  • Private Label Documents (MEF maintains servicing)
  • No Money Down Programs
  • Early Commencement Programs
  • Electronic documentation available
  • MEF provides equipment financing on a national basis
  • Quick turnaround time

Broker Qualifications:

  • Minimum of 3 years under current ownership and functioning as an equipment leasing broker
  • Verifiable and satisfactory relationships with other funding sources
  • Satisfactory reputation with regards to business ethics and contract originations