Commercial Application Procedure

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!

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