Brokers/Referrals Information
Madison Capital has provided equipment leasing brokers financing options since the 1970’s. If you are seeking a consistent, stable, and reliable funding source, you have come to the right place. Send us an e-mail to contactus@madisoncapital.com if you would like a copy of our Partner Payment Calculator which helps you easily calculate your points on a transaction.
Broker/Lessor Qualifications
- Minimum of three years under current ownership, functioning as an equipment financing broker.
- Verifiable satisfactory relationships with other industry funding sources for at least two years.
- Experienced in completing transactions of the type and size intended for Madison Capital.
- Ability to pull credit reports through at least one national reporting company.
- Satisfactory reputation with regard to business ethics and contract originations.
You can submit applications to Madison Capital either by email or online through our website. As the application moves quickly through our credit process, we keep you informed about your customer every step of the way.
Click here to download our Broker Application
What can you expect from Madison Equipment & Vehicle Financing?
We provide financing in the United States, Canada and Puerto Rico. Upon approval of a transaction, a representative will give you written notification. We will provide all the necessary documents needed by you. Security deposit and/or advance payment checks may be written to Madison Funding or, with prior approval, the broker.
After the satisfactory completion of delivery, customer’s verbal acceptance, and our receipt of all original documents (electronic documents are available), we will fund the transaction. The vendor will be paid quickly. Simultaneously, broker commission will be paid
Because Madison Capital generally retains and services all transactions for the duration of the term, you and your customers can feel secure. Also, we will never solicit your clients, thus
marketing is left to you. To assist, portfolio performance reports can be provided and our origination system will always show you as the broker.
To get started, simply fill out the broker application and return it to us. We will review it promptly. You will see how Madison Capital can help you help your customers.
Submitting Applications
Madison Capital offers funding resources to Brokers/Lessors for the following:
- A & B type credits and financing
- Commercial Vehicle leasing from $10,000-$2,000,000
- Equipment leasing and financing from $10,000 – $400,000
- Terms: 24 – 60 months
- Application only to $100,000 (see program parameters)
When submitting a transaction for preview, it is helpful to include the following:
- How was this deal originated (lessee, vendor direct, another broker)?
- Have you sent this application to another funding source prior to submitting it to Madison? If yes, to whom and when? Was it approved or declined?
- Is this application for the entire amount to be leased or, is it being split among 2 or more funding sources? If so who?
- Is there a Personal Guarantor(s)? If Personal Guaranty(s) is available, do you have a personal financial statement (required for deals >$100K or under 4 yrs TIB)?
- Equifax score, if available
- Have you worked with this customer before? If yes, please elaborate.
- Have you worked with the vendor before? If yes, please elaborate.
- Equipment/vehicle description and cost
- Specific lease terms or structure desired
