Commercial Application Process

Commercial Application Procedure

At New Excel Asset Management, we prioritize a clear and efficient rental process for our commercial properties. Below are the essential requirements for leasing with us:

Non-Refundable Fees:

All application fees are non-refundable.
Required Documentation:
- Completed application form
- Proof of business registration
- Financial statements and personal credit reports
- Previous rental history (if applicable)
Credit and Financial History:
- Minimum credit score of 650
- No open bankruptcies or recent judgments for unpaid rent
Business Operations:
Verification:
- Validity of business operations and financial stability
- Review of the type of business and compatibility with property zoning
Lease Terms:
- Standard lease terms range from 1 to 5 years
- Security deposit of one to three months’ rent
Review Process:
- Applications processed in the order received, typically within 5-10 business days
- Approved applicants will be notified with next steps
Move-In Requirements:
- Payment of the security deposit and first month’s rent
- Proof of liability insurance
- Completion of a move-in inspection
By following these guidelines, New Excel Asset Management aims to establish a positive relationship with our commercial tenants. We look forward to supporting your business needs!