FAQ
Most frequent questions and answers
All QSC products, as well as most services and non-competitive products such as cabling, installation and other gear.
Quail Financial Solutions was chosen by QSC as its finance administrator to deliver the best financial resources
available. With over 30 years experience, Quail is able to deliver structured, custom solutions through its extensive
knowledge of QSC products, diversified portfolio of lenders, streamlined and robust financing options and
exemplary personal service.
1. Application only transactions are typically decisioned within 24 hours of receiving everything. Larger financial package transactions can take a few of business days.
2. The entire process (from application to funding) has multiple steps involved. In addition to the typical approval timeframe, the other steps are:
o Lender documentation – Typically 1 business days,
o PO issued to the Supplier – Typically within 2 hours of electronic documents being executed and proof of insurance provided
o Equipment delivery – Dependent on product(s) availability (must consult with the Supplier)
One-Page Application – The one-page application must be completed and submitted along with copies of the
preceding three months of business bank statements. If a sales quotation is available, that should be provided as
well. If not, the desired finance amount should be listed on the application. Full Financial Package – A full Financial
Package includes tax returns, financial statements, balance sheets, and/or debt schedule. This is often not required
and is typically requested when applying for a large finance amount or if the client does not have enough of a credit
footprint on their business profile.
Interim Rent: Most lenders have set days to collect monthly payments such as the 5th, 15th and the 25th. If the Delivery & Acceptance falls on the 9th for example and our Lender disburses Supplier payment on that day, the Client will be charged interim rent from the 9th through to the 15th which is the next billing day.