Once the credit application is sent, you will receive an answer within 48 hours. After signing the contract and meeting all our conditions, the equipment will be delivered and the vendor will get the payment in the next 24 hours.
Leasing is an operation involving 3 parties:
1. The company who will use the equipment (lessee)
2. The equipment supplier
3. Geolin (lessor)
The lessee is free to choose the supplier and the equipment he wants. He also is free to negociate the price himself. After the credit acceptance, the supplier delivers the equipmentto the lessee and sends the invoice to Geolin who will be the owner of the equipment until the end of the lease.
When accepting an application, Geolin and the client agree on the term, monthly payments and the purchasing option at the end of the lease.
The supplier has to...
Following the delivery, Geolin confirms the delivery and satisfation with the client and then, send the payment to the vendor.