Project preparation
Better questions before the next commitment.
Questions to discuss with an equipment financing partner, from project scope to end-of-term obligations.
Before requesting an introduction
Prepare a short equipment list and a preliminary supplier budget. Identify who will sign, where the equipment will be installed, and when it is needed. Add what stands behind the project: signed customer contracts, a parent company, a backer or an institutional end user. A complete description is more useful than a generic payment estimate.
When reviewing a proposal
Ask the partner to explain the complete payment obligation and the conditions that could change it.
- Which charges are included or excluded?
- When do payments begin, and how is equipment acceptance handled?
- What notice must be given before the end of the term?
- Who pays for insurance, maintenance, and return shipping?
- What happens on early termination, renewal, or purchase?
Keep accounting and tax questions separate
A marketing label does not establish a contract's tax or accounting treatment. Ask your advisers to review the actual agreement and your organization's circumstances. Leaseworld does not provide tax, accounting, or legal advice.
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