This Business Is Not BBB Accredited

Lease Finance Group

Lease Finance Group

(800) 33x-8320

Lease Finance Group

25 years in business
65 E Wacker Pl Ste 510
Chicago, IL 60601-7255
Fax Numbers
  • (800) 342-7172
Additional Phone Numbers
  • (866) 781-0411
  • (866) 781-0440
Additional Email Addresses
  • lfg.support@lfgleasing.com
BBB File Opened: 09/01/2004
Business Started: 01/08/1992
Business Started Locally: 01/08/1992
Business Management
  • Mr. Customer Support
Business Category
  • Leasing Service
  • Financial Services
  • NAICS: Office Machinery and Equipment Rental and Leasing

Additional Information
  • According to the company, their leases are considered commercial debt.
Products & Services
Lease Finance Group, LLC is a Chicago-based lease finance company specializing in the origination and servicing of micro-ticket leases, primarily for small and medium sized businesses. The company's equipment leases are primarily for point-of sale (POS) terminals, which retail and service merchants use to communicated VISA, MasterCard, AMEX, Discover and other credit/debit card purchases to a credit card processing bank.

The company's customers are retail businesses such as restaurants, stores, and other business establishments- the company does not market or sell any of its products or services to individual consumers. Per Lease Finance, the equipment covered under the company's lease agreements has no consumer use.

The financing arrangement between LFG and its lessees is in the form of a Commercial Non-Cancelable Equipment lease agreement ("lease agreement").

In the course of financing the equipment specifically selected for use by the lessee, LFG relies on a non-agent, third-party vendor (also referred to as vendor or independent sales organization ("ISO")) to procure, install, and service the equipment for the lessee. LFG leases this equipment on an "as is" basis, and the ISO itself is responsible for servicing the equipment and should handle all requests regarding equipment service issues.
Service Area
ALABAMA, ALASKA, AMERICAN SAMOA, ARIZONA, ARKANSAS, CALIFORNIA, COLORADO, CONNECTICUT, DELAWARE, DISTRICT OF COLUMBIA, FLORIDA, GEORGIA, GUAM, HAWAII, IDAHO, ILLINOIS, INDIANA, IOWA, KANSAS, KENTUCKY, LOUISIANA, MAINE, MARYLAND, MASSACHUSETTS, MICHIGAN, MINNESOTA, MISSISSIPPI, MISSOURI, MONTANA, NEBRASKA, NEVADA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, NORTH DAKOTA, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, PUERTO RICO, RHODE ISLAND, SOUTH CAROLINA, SOUTH DAKOTA, TENNESSEE, TEXAS, UTAH, VERMONT, VIRGIN ISLANDS, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN, WYOMING

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Government Action

A.G. Schneiderman Sues Northern Leasing Systems, Inc. For Deceptive Business Practices And Abuse Of Judicial Process

In a press release dated April 13, 2016 Attorney General Eric T. Schneiderman announced the filing of a lawsuit against Northern Leasing Systems, Inc., a New York company, and several of its affiliated companies, including Lease Finance Group LLC, MBF Leasing LLC, Pushpin Holdings LLC and others (collectively, “Northern Leasing”), a... Read More

BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

Factors that affect the rating for Lease Finance Group include:

  • 305 complaint(s) filed against business
  • Failure to respond to 5 complaint(s) filed against business
  • 8 complaint(s) filed against business that were not resolved

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BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for three years from the date the company closes its doors or ceases to do business.
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Lease Finance Group

THIS BUSINESS IS NOT BBB ACCREDITED

Lease Finance Group

Customer Review Rating:

96%

Composite Score: