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. 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.
Continue exploring
- End-of-lease planning starts before signing. →
- Lease or buy business equipment? →
- What belongs in the cost of equipment financing? →
- Equipment lease accounting: questions to take to your adviser. →
- Tax considerations for U.S. equipment projects. →
- U.S. equipment leasing: the legal context. →
- Your equipment financing project checklist. →
- Questions about equipment financing introductions. →
- How we prepare our equipment financing guides →
- Equipment leasing vs. short-term rental →
- Vendor financing programs vs. captive finance companies →
- U.S. equipment leasing glossary →
- IRS: equipment lease or conditional sale →
- FASB: lease reporting resources →
Start with your project
Tell us what you have in mind.
Equipment, timing, and location. Start with the essentials.