ClickLease

Best for: Startups and owners with thin or damaged credit who need a piece of equipment under $30,000 today, at a dealer that already offers ClickLease at checkout.

Not for: Anyone who qualifies for a bank or standard equipment loan, needs more than $30,000, or wants a stated interest rate.

Lender List verdict: ClickLease approves almost anyone in seconds with no hard credit pull. You pay for that access: on the lender's own $8,799 mower example, total cost runs roughly 20% to 31% APR, and the price is shown only as a monthly payment.

ClickLease at a glance

ClickLease leases business equipment up to $30,000 with terms of 12 to 60 months and no hard credit pull.

What is ClickLease?

ClickLease is a Utah equipment leasing company, founded in 2018, that says it has served more than 80,000 small businesses through 7,000+ equipment sellers. It buys the machine, trailer or tool from the dealer, pays the dealer in full, and leases it to your business with a built-in option to buy.

It raised a $63 million Series A in 2021, and Morningstar DBRS confirmed an A rating on its lease-backed notes in April 2026. It leases only to businesses.

How ClickLease equipment leasing works

ClickLease works at the point of sale: pick equipment from a participating seller, answer eight questions, and get a decision in seconds.

• Application: No documents and no hard credit pull.
• Payment choice: You usually see about three plans, trading a lower monthly payment for a longer term.
• Term: 12 to 60 months, paid monthly, with no down payment.
• Funding: ClickLease pays the seller 100% of the invoice, so you can often take the equipment the same day.
• Ownership: Once the term ends, three further payments transfer ownership to you.
• Upkeep: Maintenance and repairs are your responsibility during the lease.

ClickLease sells one structure, a lease with a built-in purchase option; it publishes no equipment loan, and every approval up to $30,000 runs on the same document-free application.

ClickLease rates and fees: what it really costs

ClickLease quotes no interest rate; it adds a fixed surcharge at signing and shows you only the monthly payment, so the true cost is that payment times the number of payments. ClickLease itself compares the average cost to an expensive credit card.

• Charged: the lease surcharge (built into each payment) and a documentation fee of $79 to $499 at signing, which does not reduce your balance
• Purchase option: about three extra monthly payments at the end
• Not charged: a down payment, or any fee to the seller
• Not published: a rate range, late fees, early payoff terms or the buyout formula. United Capital Source reports an early payment discount of up to 5% on some agreements.

Worked example: ClickLease advertises an $8,799 mower at $300 a month; the term isn't stated, so we tested two, assuming a $299 documentation fee. Over 36 months plus three purchase-option payments, you pay 39 × $300 = $11,700, or $11,999 with the fee: $3,200 over the sticker price, roughly 20% APR. Over 48 months plus three, you pay $15,599: $6,800 over sticker, roughly 31% APR. The longer plan more than doubles the extra cost. (A $75,000 machine is out of reach; approvals top out at $30,000.)

ClickLease requirements

ClickLease publishes no minimum credit score, time in business or revenue; it welcomes all credit scores and uses only a soft credit check.

An automated model weighs your credit profile, business history and cash flow; the equipment must come from a participating seller.

Pros and cons

ClickLease's strongest point is a decision in seconds for owners banks reject; its weakest is a price hidden in the payment schedule.

Pros

• No hard credit pull, no credit minimum, start-ups accepted
• No down payment; seller is paid in full, often the same day

Cons

• No interest rate or APR quoted; cost is visible only as a payment
• Roughly 20% to 31% APR in our example, more on longer plans
• $30,000 cap and dealer-only purchases
• 138 BBB complaints in three years, mostly over payoff amounts and lease-vs-loan confusion
• Doesn't report payments to business credit bureaus, per United Capital Source

ClickLease vs. National Funding vs. Balboa Capital

ClickLease tops out at $30,000, versus $150,000 for National Funding equipment financing and $500,000 at Balboa Capital.

National Funding and Balboa Capital figures are from their own sites and Bankrate (where noted), checked 2026-10-26.

Choose ClickLease if credit or business age rules out everyone else and the purchase is under $30,000. Choose National Funding if you have six months in business and credit around 600. Choose Balboa Capital if you have two years in business (six months under $50,000), $100,000 in revenue and a larger purchase.

ClickLease alternatives on Lender List

No other equipment lessor is published on Lender List yet, so the closest ClickLease alternatives are the category page and two options for cash instead of a lease.

• Browse all equipment financing and leasing lenders on Lender List
• Fundbox — a revolving credit line if you want cash rather than a lease
• Bluevine — a line of credit for established businesses with steadier revenue

Frequently asked questions about ClickLease

Is ClickLease Legit? Yes. ClickLease is a Utah lessor founded in 2018, BBB accredited since 2019 with an A+ rating, and Morningstar DBRS rates its lease-backed notes A. Reviews are mixed: 138 BBB complaints in three years and 3.4 out of 5 from 58 Trustpilot reviews.

Is There a ClickLease Lawsuit? No confirmed one. Consumer sites describe a possible class action over hidden fees, early-termination costs and leases that behave like high-rate loans, but they name no court or case number, and we found no regulator action. ClickLease denies the allegations. Read the payoff and default terms before signing.

Does ClickLease Report to Credit? No, according to United Capital Source, which says ClickLease leaves its lease payments off business credit files, though self-reporting may be possible. ClickLease publishes no reporting policy of its own, so on-time payments are unlikely to build your business credit profile.

Who Accepts ClickLease? ClickLease works through more than 7,000 equipment sellers nationwide, including trailer dealers, manufacturers and equipment vendors. You apply through a participating seller, and ClickLease pays that seller the full invoice directly. Ask your dealer whether it offers ClickLease before you shop; sellers pay no fee to offer it.

Does ClickLease Do a Hard Pull? No. ClickLease uses a soft credit check that does not affect your credit score, and most applicants need no documents. A small share are asked to confirm their bank account through a third-party service, which also involves no hard credit pull.

What Credit Score Do You Need for ClickLease? ClickLease sets no minimum credit score and welcomes all scores, including poor credit, and start-ups with little operating history can apply. Checking your offer uses only a soft pull. Approval is still not guaranteed, because its automated model also weighs business history and cash flow.

Does ClickLease Finance Used Equipment? Yes, at least for trailers: ClickLease's trailer program page, dated February 2026, covers new and used trailers sold by participating dealers. For other used equipment, ClickLease publishes no rule; the seller must be a ClickLease partner, so confirm with the dealer before you apply.

Does ClickLease Repossess Equipment? ClickLease does not publish its default or repossession policy. Because it buys the equipment and leases it to you, ClickLease owns it until you complete the purchase option, so missed payments put the equipment at risk. Read the default section of your lease.

Last verified 2026-10-26. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.