Last reviewed: October 2, 2026
Disclaimer: This review summarizes publicly available information, including customer reviews, forum posts such as Reddit, BBB and Trustpilot listings, court records, regulator actions, and news reports. It is not the opinion of MCAFax. MCAFax cannot confirm or deny any allegations, complaints, or claims described here. Information may be outdated or incomplete. MCAFax is not affiliated with this lender. This is not legal or financial advice. Lenders who believe something is inaccurate can contact info@mcafax.com for review.
Summary verdict
ELease (Elease Funding, Inc.) offers equipment leasing, equipment financing, startup leasing and working capital. It says it was founded in 1995 and later moved from California to St. Petersburg, Florida (eLease About). Its FAQ says the minimum deal it can fund is $3,000 and that its application is "open to all qualified leasing companies," which suggests it places some deals with other lessors (eLease FAQ). BBB lists Elease Funding, Inc. with an A+ rating, not accredited (BBB).
Paper Grade: TBD
ELease publishes a $3,000 deal minimum but no credit or time-in-business minimums; it says "credit drives transactions" (eLease FAQ). We have not assigned a grade. Paper grade describes the borrower profile this lender targets, not the lender's quality.
Research-Based Reputation Score: 7.5 / 10 (reputation rank: tied #16 of 72 lenders scored, as of October 2, 2026)
How we got there: start at 5.0, then +0.5 for an A+ BBB rating without accreditation (BBB), +1 because it has operated since 1995 (eLease About), and +1 because our searches of regulator sites, court records and news coverage turned up no regulator orders or court judgments in which it is a named party. BBB's data shows 0 complaints in three years (BBB complaints). The total is 7.5. Confidence is lower because BBB's profile page did not fully load for us, and we found no independent reviews we could read.
About the Paper Grade: it reflects only the borrower profile and deal type the lender targets (stated credit, time-in-business and revenue minimums, and product type). It is not a judgment of the lender's quality. A = strong credit (about 625–650+), established businesses, APR-priced loans or lines. B = fair credit (about 600+), short-term or factor-rate products. C = credit about 500–599, younger businesses, MCA or revenue-based, or sales-based platform financing with no credit check. D = minimal credit requirements, very new businesses, stacked positions or high-risk industries. Lawsuits and regulator actions never change the Paper Grade.
About the Research-Based Reputation Score (1–10, half-points): it summarizes public signals and is not the opinion of MCAFax. Every lender starts at 5.0. Points are added for BBB accreditation and an A+ rating, years in business, strong Trustpilot ratings, and a clean record (no regulator orders or court judgments in which the lender itself is a named party). Points are subtracted for a BBB rating of C− or lower (−1), a BBB customer-review average below 2.5/5 (−0.5), recurring complaint themes (−0.5 to −1), and a pending class action (−0.5). Government actions are scored only when the lender itself is a named party: −1 for a settled action not about borrowers, −2 for a regulator consent order with a penalty and no admission, −3 for active enforcement or a final order about borrower treatment, and −5 for an industry ban or court finding of liability. The lowest score, 1.0, is reserved for lenders under an industry ban or a final fraud judgment. Ratings we could not read score zero, and routine collection suits are not scored. Every point applied to this lender is listed above. Ranks are as of the date shown; MCAFax cannot confirm or deny any allegation counted here.
At a glance
| Item | Details |
|---|---|
| Products | Equipment leasing and financing, startup leasing, working capital (eLease) |
| Minimum deal | $3,000 (ELease FAQ) |
| Founded / HQ | 1995; St. Petersburg, FL (eLease About) |
| BBB | Elease Funding, Inc.: A+, not accredited; 0 complaints (BBB) |
What borrowers and reviewers report
- Themes: we found no independent reviews or BBB complaints to report (BBB complaints).
Reported concerns to plan around
These are allegations or reported experiences, not findings, unless a final order is cited.
- Who holds the lease: eLease says its application is open to other leasing companies. Confirm who the lessor is and what the end-of-lease terms are (eLease FAQ).
Who it may suit, and who may want to skip it
May suit: small businesses leasing equipment from about $3,000 upward. May want to skip: businesses that want unsecured working capital only.
What to do next
Been contacted by eLease? Report the phone number or email that reached you, and sign up to block unwanted funding calls. → Report a number or email (https://mcafax.com/report?lender=elease)
Looking for funding? Tell us what you need, and we'll help you compare eLease with other funders that fit. → Apply through MCAFax (https://mcafax.com/apply?lender=elease)
Sources (accessed October 2, 2026)
ELease homepage: elease.com
ELease FAQ: elease.com
ELease About page: elease.com
BBB profile, Elease Funding, Inc.: https://www.bbb.org/us/fl/saint-petersburg/profile/trailer-leasing/elease-funding-inc-0653-90023571
Disclaimer: This review summarizes publicly available information, including customer reviews, forum posts such as Reddit, BBB and Trustpilot listings, court records, regulator actions, and news reports. It is not the opinion of MCAFax. MCAFax cannot confirm or deny any allegations, complaints, or claims described here. Information may be outdated or incomplete. MCAFax is not affiliated with this lender. This is not legal or financial advice. Lenders who believe something is inaccurate can contact info@mcafax.com for review.