{"id":1496,"date":"2017-11-16T21:28:13","date_gmt":"2017-11-16T20:28:13","guid":{"rendered":"https:\/\/www.alter-finance.com\/?page_id=1496"},"modified":"2019-11-04T17:56:42","modified_gmt":"2019-11-04T16:56:42","slug":"faq","status":"publish","type":"page","link":"https:\/\/www.alter-finance.com\/en\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='page-header' class='avia-section main_color avia-section-default avia-no-shadow avia-full-stretch av-section-color-overlay-active avia-bg-style-scroll   av-minimum-height av-minimum-height-custom container_wrap sidebar_right' style = 'background-repeat: no-repeat; background-image: url(https:\/\/www.alter-finance.com\/wp-content\/uploads\/2017\/11\/header_faq.jpg); background-attachment: scroll; background-position: center left; ' data-section-bg-repeat='stretch' ><div class='av-section-color-overlay-wrap'><div class='av-section-color-overlay' style='opacity: 0.1; background-color: #212735; '><\/div><div class='container' style='height:500px'><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-1496'><div class='entry-content-wrapper clearfix'>\n<div style='padding-bottom:72px;color:#ffffff;font-size:54px;' class='av-special-heading av-special-heading-h1 custom-color-heading blockquote modern-quote  av-inherit-size '><h1 class='av-special-heading-tag  av-medium-font-size-overwrite av-medium-font-size-42 av-small-font-size-overwrite av-small-font-size-34 av-mini-font-size-overwrite av-mini-font-size-26'  itemprop=\"headline\"  >FAQ<\/h1><div class='special-heading-border'><div class='special-heading-inner-border' style='border-color:#ffffff'><\/div><\/div><\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><\/div><div id='after_section_1' class='main_color av_default_container_wrap container_wrap sidebar_right'   ><div class='container' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-1496'><div class='entry-content-wrapper clearfix'>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='faq' class='avia-section main_color avia-section-default avia-no-shadow avia-bg-style-scroll   container_wrap sidebar_right'   ><div class='container' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-1496'><div class='entry-content-wrapper clearfix'>\n<div style='height:44px' class='hr hr-invisible  '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div class=\"flex_column av_three_fourth  flex_column_div av-zero-column-padding first  \" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><h3>What are your options at the end of a lease?<\/h3>\n<p>At the end of a lease term you may:<\/p>\n<ul style=\"margin-bottom: 30px;\">\n<li>Purchase the equipment at its Fair Market Value or prefer the Purchasing Option established at the beginning of the lease.<\/li>\n<li>Continue to lease the equipment.<\/li>\n<li>Upgrade the equipment by arranging a trade-in with the equipment supplier and starting a new lease based on the difference in cost.<\/li>\n<\/ul>\n<\/div><\/section><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><h3>What is a lease?<\/h3>\n<p>It is a simple way for your company to acquire a new equipment more rapidly.<\/p>\n<\/div><\/section><br \/>\n<div style='height:22px' class='hr hr-invisible  '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><h3>Can we finance used equipment?<\/h3>\n<p>Yes we can finance used equipment and the lease term will be determined by the equipment type and year.<\/p>\n<\/div><\/section><br \/>\n<div style='height:24px' class='hr hr-invisible  '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><h3>Can the lease contract be cancelled?<\/h3>\n<p>No, a lease contract is a legal document and cannot be cancelled.<\/p>\n<\/div><\/section><br \/>\n<div style='height:24px' class='hr hr-invisible  '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><h3>What are the other fees to be paid for a lease contract?<\/h3>\n<p>There is no documentation fee to be paid.<\/p>\n<\/div><\/section><br \/>\n<div style='height:24px' class='hr hr-invisible  '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock  '   itemprop=\"text\" ><h3>What happen at the end of lease term?<\/h3>\n<p>The purchase option is established at the signature of the lease contract, this option would be $10, 10% or Fair Market Value and this amount needs to be paid prior to the transfer of title of the equipment to your company.<\/p>\n<\/div><\/section><\/p><\/div><div style='height:20px' class='hr hr-invisible  '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_2' class='main_color av_default_container_wrap container_wrap sidebar_right'   ><div class='container' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-1496'><div class='entry-content-wrapper clearfix'><\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='callout' class='avia-section main_color avia-section-large avia-no-border-styling av-section-color-overlay-active avia-bg-style-scroll   container_wrap sidebar_right' style = 'background-color: #005387; '  ><div class='av-section-color-overlay-wrap'><div class='av-section-color-overlay' style='opacity: 0.5; '><\/div><div class='container' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-1496'><div class='entry-content-wrapper clearfix'>\n<div style='padding-bottom:25px;color:#ffffff;font-size:30px;' class='av-special-heading av-special-heading-h3 custom-color-heading blockquote modern-quote modern-centered   av-inherit-size '><h3 class='av-special-heading-tag  av-medium-font-size-overwrite av-medium-font-size-40 av-small-font-size-overwrite av-small-font-size-30 av-mini-font-size-overwrite av-mini-font-size-22'  itemprop=\"headline\"  >Need funding for your business projects?<\/h3><div class='special-heading-border'><div class='special-heading-inner-border' style='border-color:#ffffff'><\/div><\/div><\/div>\n<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  \" style='border-radius:0px; '><div class='avia-button-wrap avia-button-left '><a href='\/en\/contact-us\/' class='avia-button   avia-icon_select-no avia-color-light avia-size-large avia-position-left '   ><span class='avia_iconbox_title' >Contact us now<\/span><\/a><\/div><\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><\/div><div id='after_section_3' class='main_color av_default_container_wrap container_wrap sidebar_right'   ><div class='container' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-1496'><div class='entry-content-wrapper clearfix'><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":9,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1496","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Frequently Asked Questions on our financial services | Alter-Finance<\/title>\n<meta name=\"description\" content=\"Alter-Finance offers alternative and complementary financial services to traditional financial institutions.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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