FAQ Answer About: Equipment-Leasing
- Can leasing finance be paid off early?
The answer to early settlement of a leasing finance arrangement depends on your objective and needs.
If you no longer need the leased equipment or just want to pay off the loan then subject to the contracted minimum leasing term being met then the answer is yes. Contact the leasing lender for actual details and any potential fees.
If the objective is to upgrade (replace) the equipment then the leasing lender may be able to offer an upgrade path subject to the contract and again meeting any specified minimum term.
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Related Faq's
- When does the equipment supplier get paid?
- How quickly can equipment finance be arranged?
- Can used equipment be leased?
- Can equipment be leased from more than one supplier?
- Are monthly leasing payments fixed?
- Can I change my mind after signing a leasing contract?
- Who is responsible for maintenance of the equipment?
- What if my equipment is damaged or stolen?
- What happens at the end of the lease period?
Case Studies
As "equipment leasing brokers" we have successfully arranged the funding of many asset deals for our business clients in the past. Here are just a few leasing case studies that you may find of interest [more details].
As "equipment leasing brokers" we have successfully arranged the funding of many asset deals for our business clients in the past. Here are just a few leasing case studies that you may find of interest [more details].