What does ALLIANCE FINANCE COR mean on my credit report?

Learn about ALLIANCE FINANCE COR, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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ALLIANCE FINANCE COR is shorthand for Alliance Financing Group Ltd, with the company name being Alliance Financing Group Ltd.

Alliance Funding Group is a Canadian company with roots dating from 1989.Our headquarters is located in Toronto,Ontarioandwe are active throughoutCanada,theUnitedStatesandinselectedcountriesinternationally(up to $100, 000).WhatWeCanDoForYOU

ALLIANCE FINANCE COR is a Creditor provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Alliance Financing Group Ltd.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

How do I contact them?

Here is the current contact details for Alliance Financing Group Ltd:


  • 95 Royal Crest Ct #3, Markham, ON L3R 9X5, Canada





Leasing is a popular method of financing for businesses, and Alliance Financing Group Ltd. can provide financing for a variety of capital assets. The rates are dependent upon the customer’s credit profile and other factors. Leases are legally binding contracts and generally cannot be cancelled. Penalties for late or missed payments may apply.

Question Answer
Do they offer a monthly payment plan? Yes
Can I make payments over the phone? No
Can I make payments online? Yes
Do they offer a discount for automatic payments? No
Can I make a payment using a mobile app? No
Can I make a payment using a prepaid debit card? Yes
Can I make a payment using a wire transfer? Yes

Forgiveness and Cancellation

Alliance Financing Group Ltd offers leasing services for businesses of all types and for all types of assets, such as equipment, machinery, computer software, and more. Rates depend on the customer’s credit profile, length of time in business and industry, as well as on the type of equipment, size of transaction and term/structure of the lease. Leases are legally binding and generally cannot be cancelled by the customer. Loan forgiveness is not offered by Alliance Financing Group Ltd. They can provide financing for virtually all types of equipment, machinery and other capital assets. The lease is a legally binding contract and cannot be cancelled by either the customer or the lessor.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? No

How to Apply

Alliance offers leasing and other types of financing such as short-term commercial loans, factoring, SaaS Lending, and more. Applying can be done online, over the phone, or in person. The company serves established businesses, new businesses, industrial and manufacturing sectors, non-profit organizations, universities, government, hospitals, professionals, and consultants. Rates vary depending on credit profile, time in business, type of equipment, size of transaction, and term/structure of the lease. Generally, leases are legally binding contracts and cannot be cancelled.

Question Answer
Can I apply for a loan online? Yes
Can I apply for a loan over a phone call? No
Can I apply for a loan in person? Yes
Can I apply for a loan using a mobile app? No
Can I apply for a loan with a cosigner? Yes

IdentityIQ Report Example

  • This is an example of what this creditor will look like on your IdentityIQ report.


Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can it be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.

How do I remove ALLIANCE FINANCE COR from my credit report?

You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.