Clicklease Reviews: Loan Requirements, Pros & Cons - Complete 2025 Guide
Get an automated approval decision in seconds with no hard credit pull.
Flexible Payment Plans: Choose terms that fit your business, with monthly payments
ClickLease works with customers of all credit backgrounds.
Absolutely great customer service. Jim is such a professional and was able to get us funding. Thanks Jim and Upwise Capital.
Craig went above and beyond to get this deal done! I would highly recommend UpWise Capital if you're looking for a broker to get investors onboard.
Craig made himself available all the time, he was very attentive, professional and easy to work with. Highly recommend!
We worked with Leo for our line of credit. We are a trucking company an can be a challenge to secure financing. The process was smooth and fast funding. Our only complaint would be that Leo was a little impatience when it came to our decision making. We are very thankful for the funding and would do business with them again. Thanks,
Upwise
Upwise
Leo got us a line of credit loan very quickly to help with expenses we incurred during our new business building purchase.
You are always hesitant when working with a finance firm to borrow money to grow your company But, I highly recommend Upwise Capital. Lou and Marc went out of their way to ensure everything was taken care of. Very professional in all steps taken to secure the financing I needed. I look forward to continuing the business relationship.
I rarely write reviews, but my experience with Leo was absolutely. Leo was patient, knowledgeable, and extremely responsive. During a hectic work week he continued to bare with me to be sure that i had all the information I was requesting. He got me the capital I needed within one day. I highly recommend this company!
ClickLease at a Glance: Key Features and Services
ClickLease LLC is a trusted provider of equipment financing for small businesses, making it easy to lease or purchase the tools needed to grow and operate efficiently. Their unique approach allows businesses to secure financing instantly with no hard credit pull or extensive paperwork. With monthly payments and flexible terms, ClickLease simplifies the leasing process for businesses of all sizes. Whether you’re buying equipment for the first time or upgrading tools, ClickLease ensures you can access the resources you need quickly. However, some customers have reported issues with their click lease experiences, citing a lack of transparency, unexpected fees, and unresponsive customer service.
Quick Facts About ClickLease:
- Founded: N/A (Focuses exclusively on small business equipment financing)
- Loan Products: Equipment leasing and financing
- Loan Amounts: Up to $30,000
- Funding Speed: Instant approval with equipment funding in a few hours
- BBB Rating: Not listed
What You’ll Learn in This Review:
- What is ClickLease?
- How does ClickLease work?
- Loan products, terms, and eligibility requirements
- Pros, cons, and comparisons with other lenders
- Frequently Asked Questions (FAQs)
What is ClickLease?
ClickLease is a fintech company that specializes in equipment financing for small businesses. Designed to simplify the funding process, ClickLease enables businesses to apply, get approved, and access equipment within hours. Their flexible payment plans allow businesses to make monthly payments that align with their cash flow. Additionally, ClickLease welcomes all credit scores, making it a viable option for businesses that may struggle to secure financing from traditional lenders.
How Does ClickLease Work?
ClickLease leverages a technology-driven process to provide instant financing decisions. The entire process is completed online, with no hard credit pull or documentation required. Once approved, ClickLease pays the equipment seller directly, allowing businesses to receive their tools as quickly as they could with cash.
Key Features of ClickLease’s Process:
- Instant Approvals: Get approved in seconds with no risk to your credit score.
- Flexible Payment Plans: Choose a monthly payment option that works for your business.
- Fast Funding: Equipment sellers are paid immediately, meaning you can start using your tools the same day.
ClickLease’s streamlined process ensures businesses can access equipment quickly without the hassle of traditional financing.
Repayment Options and Monthly Payments
ClickLease offers flexible repayment options to accommodate the needs of small businesses. The repayment terms typically range from 2 to 5 years, depending on the type of equipment and the loan amount. Businesses can choose from various payment plans, including monthly payments, to ensure that they can manage their cash flow effectively.
- Monthly Payments: These are calculated based on the loan amount, interest rate, and repayment term, allowing businesses to plan their finances accurately.
- Flexible Terms: Businesses can opt for longer repayment terms to reduce their monthly payments, making it easier to manage their budget.
- Early and Stop Payments: ClickLease also offers the option to stop payment or make early payments without incurring any penalties, providing additional flexibility.
- Focus on Operations: The repayment options are designed to be flexible and accommodating, allowing businesses to focus on their operations without worrying about their loan payments.
Credit Scores and Approval
ClickLease welcomes businesses with all credit scores, including those with poor credit. The company uses a proprietary system to evaluate creditworthiness, which allows it to approve more customers than traditional lenders.
- No Hard Credit Pull: ClickLease does not require a hard credit pull, meaning that applying for a loan will not affect the business’s credit score.
- Comprehensive Evaluation: The company considers various factors, including credit history, business performance, and industry trends, to determine creditworthiness.
- Inclusive Credit Scores: Businesses with credit scores as low as 520 may still qualify for a loan, making ClickLease accessible to a broader range of applicants.
- Attractive Option: ClickLease’s flexible credit scoring system makes it an attractive option for small businesses that may not qualify for loans from traditional lenders.
Fees and Sales Tax
ClickLease charges a one-time documentation fee, which ranges from $79 to $499, depending on the loan amount. This fee is not a down payment but an underwriting tool that helps the company evaluate creditworthiness.
- No Sales Tax on Loan Amounts: ClickLease does not charge sales tax on loan amounts, allowing businesses to save money on their purchases.
- Transparent Fee Structure: The company does not charge any hidden fees, such as origination fees or closing fees, ensuring clarity in loan costs.
- One-Time Documentation Fee: This fee is a one-time payment that is deducted from the loan amount, simplifying the financial planning for businesses.
- Easy Financial Planning: ClickLease’s transparent fee structure makes it easy for businesses to understand their loan costs and plan their finances accordingly.
ClickLease Financing Options
Equipment
Leasing
- Loan Amounts: Up to $30,000
- Repayment Terms: Flexible terms with monthly payments starting as low as $156.
- Uses: Acquire essential tools, machinery, vehicles, or equipment for your business.
Equipment leasing allows businesses to use equipment without the upfront expense, making it ideal for companies managing cash flow.
Equipment
Financing
- Loan Amounts: Up to $30,000
- Repayment Terms: Fixed monthly payments with full ownership at the end of the term.
- Uses: Purchase equipment outright for long-term business needs.
Equipment financing is a great option for businesses that want to fully own their tools after completing the repayment period. However, customers have reported complications with the equipment they purchased, particularly regarding payment terms, interest rates, and the total financial obligation compared to the original purchase price.
ClickLease Financing Requirements
Here is the basic criteria your business must meet for clicklease requirements:
- Credit Score: No minimum required; all credit scores are welcome.
- Time in Business: No specific requirement, but businesses should demonstrate the ability to repay.
- Required Documentation: None required; approval is based on the application.
- Industry Restrictions: ClickLease supports most industries but may have some limitations.
What You Need to Know
A few things to know when considering clicklease financing:
- ClickLease uses fixed monthly payments, with no hidden fees or surprises.
- Early payment options may be available; contact ClickLease customer service for details.
- Terms are flexible, with payments tailored to your business’s cash flow.
- There is a one-time documentation fee that is deducted from the loan amount.
How to Apply to ClickLease
ClickLease Application Process
Step 1: Complete the Online Application
- Visit the ClickLease website and fill out the 8-question application.
- The process is quick, requires no hard credit pull, and takes only a few minutes. Leasing equipment makes sense as it helps preserve capital and offers clear, manageable terms for businesses.
Step 2: Receive Instant Approval
- Get your approval in seconds.
- View your loan amount and estimated monthly payments right in the app.
Step 3: Finalize and Receive Equipment
- Choose your preferred payment plan and finalize your agreement.
- ClickLease pays the equipment seller directly, so you can get your tools the same day.
Pros & Cons of ClickLease
PROS
CONS
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Why Choose Upwise Capital
Quick & easy application
Our simple 15-minute application gets you on your way to funding quickly. Most applicants receive a fast decision within hours of applying. Then just choose your loan terms and you could have funds deposited into your account as soon as 24 hours.
Ensure you make the wise choice
Every Upwise applicant gets a dedicated funding advisor who takes the time to understand your business and it's unique needs. We are here for your support throughout the entire funding process.
Access multiple financing options
Upwise has an extensive product suite and a network of business line of credit lenders. This means you're more likely to find the best match for your funding needs.
Is ClickLease Legit?
Yes, ClickLease LLC is a legitimate equipment financing company that has helped countless small businesses access the tools they need. Their fast approvals, flexible terms, and lack of hard credit pulls make them a reliable option for businesses of all sizes.
If ClickLease doesn’t meet your needs, consider exploring Upwise Capital for alternative financing options tailored to your business.
ClickLease Frequently Asked Questions - FAQ
What other lenders compare to ClickLease?
- Crest Capital: Offers equipment financing for larger loan amounts but with stricter credit requirements.
- National Funding: Provides equipment loans and leasing options with more industry flexibility.
- TimePayment: Specializes in small-ticket equipment leasing with similar fast approvals.
While ClickLease is a popular option for small businesses, there are alternative lenders that offer similar services. Some of the alternatives include:
- Lendio: A small business loan marketplace that offers a range of loan options, including equipment financing.
- Funding Circle: A peer-to-peer lending platform that offers loans to small businesses.
- Square Capital: A loan program that offers financing to small businesses that use Square’s payment processing services.
- OnDeck: A lender that offers short-term loans to small businesses.
- Kabbage: A lender that offers lines of credit to small businesses.
These alternatives offer similar services to ClickLease, including flexible payment plans and instant approvals. Businesses can compare the rates and terms of these lenders to find the best option for their needs. It’s essential to research and compare the alternatives to ClickLease before making a decision.
What Happens After Applying with ClickLease?
Once you complete the application, ClickLease provides an approval decision within seconds. If approved, ClickLease pays the equipment seller directly, and you can receive your tools almost immediately.
Does ClickLease report to credit bureaus?
No, ClickLease does not perform hard credit pulls or report to credit bureaus, making it a low-risk option for businesses.
How do I manage my loan with ClickLease?
You can manage your account and payments through the ClickLease login portal, where you can view balances, make payments, and track your lease.
What is the Customer Experience with ClickLease?
ClickLease reviews highlight the company’s fast approvals, flexible payment plans, and user-friendly application process. Customers appreciate the ability to secure equipment quickly without the hassle of traditional loans.
Testimonials:
- “ClickLease made financing my equipment simple and stress-free.” – Anna D.
- “The process was so easy; within hours, I had the equipment I needed.” – Michael H.
ClickLease: Final Verdict
Who Should Consider ClickLease?
- Small businesses needing fast equipment financing.
- Companies with limited credit history or low credit scores.
- Entrepreneurs looking for flexible payment plans with no hard credit pull.
Who Should Look Elsewhere?
- Businesses needing large loans (over $30,000).
- Companies looking for funding options beyond equipment financing.
Disclaimer: ClickLease trademark is owned by ClickLease, LLC. and its use herein is for reference purposes only. This does not indicate sponsorship or endorsement from ClickLease, LLC.