It is utmost important to have a clear understanding of what happens at End of Term when you Lease your Office Coffee Machine.
We’ve found out from our customers that in the past with other suppliers, the customer has been engaged into ongoing contractural obligations beyond what they signed for.
This is called inertia in finance terms. This unfavourable clause obligates the the customer into another term of contract after they’ve come to end of the original contract.
Financiers with such clauses require the customer to write a letter within a specified period of time of their contract to advice their intention.
Should the letter be written outside of that period, the customer is automatically contracted for 12 months. Within that 12 months, the same clause applies to ensure the customer continues to lease the equipment year after year.
At Coffee Republic, we have partnered with a world renowned Financier to make your Automatic Coffee Machine Lease straight forward and without hassles.
The financier will visit you at your office with the necessary documents to ensure all terms and conditions are explained and clearly understood.