If the business asset finance agreement is a minimum term – the lease will continue beyond the minimum term until you provide one month’s written notice that you wish to terminate the agreement. Upon expiry of such notice, you must return the equipment in accordance with the terms of the agreement. If you would like to discuss options for continued use of the equipment, please contact us.
If the business asset finance agreement is for a fixed term – at the end of the term of hire, you must return the equipment in accordance with the terms of the agreement. If you would like to discuss options for continued use of the equipment, please contact us.
If the agreement is a hire purchase – once all payments have been made, including the option to purchase fee, you will have full ownership of the equipment.