- Finance Explained
- Overview of Leasing
- The Benefits of Leasing
- Types of Finance
- Frequently Asked Questions
An Overview of the Leasing Process
So how do we get from start to finish? It’s remarkably simple and actually, you should take comfort in knowing that we review every transaction entirely on its individual virtues.
You are planning an investment and once you have considered a requirement and specification, you engage with the supplier or manufacturer of your own choice as a cash payer, it’s then that the Leasing cycle begins...
Once we’ve approved the equipment to be financed in principle, we’ll run through your supplier's quotation with you to ensure that we finance all the relevant sections including the intangibles such as maintenance, support and installation.
Jay City Finance will then design a bespoke leasing offer for you and present the appropriate leasing solution and any alternatives to you. The facility is put to credit with the most suitable of our portfolio of funders.
Once credit is in place, the leasing agreement is concluded. Jay City Finance will then arrange for the necessary purchase order to be given to your supplier. This is followed by the delivery of the equipment by your supplier. You confirm the perfect condition of the goods in a declaration of acceptance.
We pay the supplier’s invoice.
You pay the leasing instalments for the agreed amount and term.