Q: What are my purchase options at the end of my lease?
A: The purchase option at then end of your lease is the amount you will be required to pay should you wish to acquire ownership of the equipment. The option amounts can be based on anything from as low as a single dollar to the fair market value of the equipment.
Q: My business is brand new. Can I still lease?
A: Yes. Even brand new business can establish a lease with LeaseLine so that they can establish their credit. Simply call and ask to speak to one of our sales reps to help you.
Q: Why am I being asked for my personal information for my company’s lease?
A: With brand new companies and those whom have had past credit challenges, the personal information is gathered to add you as a co-lessee or guarantor to the lease. This allows us to use your credit information to bolster your company’s in order to approve the lease for your company.
Q: What’s the registration fee for?
A: The registration fees are to cover the costs of the set up and administration of your lease as well as the provincial fees for registering the equipment with the province.
Q: My lease is over and I want to return my equipment, where do I take it?
A: Simply call our end of term department at 604-609-5377 or toll free at 1-800-288-7875. Our end of term group will arrange the details for you.
Q: My company has changed banks and I need to change the account where my payments are coming from, who do I talk too?
A: Simply fax us a note stating your company name, lease number, the effective date you wish to change bank accounts and attach a copy of a voided cheque from the new account to us at 604-609-5380 or toll free at 1-800-218-7875.
Q: We moved our location. Do I need to do anything?
A: Please fax us a notice of move with the new address and contact numbers at 250-448-7400 or toll free at 1-800-218-7875.
