Commercial Pure Rental Product
This product’s use is limited to the Water Quality industry.
TimePayment understands the cash flow crunch that happens as a result from having to continuously re-stock the equipment you sell. To make the most money from your equipment, you need the ability to preserve your ownership while renting the equipment to your customers for periods of time.
Our Commercial Pure Rental Product is an agreement that eliminates the lessee’s option to purchase the leased equipment at the end of the lease term on commercial transactions. This agreement leaves the lessee with two options at the end of the lease term:
- Continue to rent the equipment
- Return the equipment to you
We offer this product only in the Water Quality industry where your ownership of the equipment at the end of the lease term reaps the most rewards.
Getting Started
A Master Assignment of Residual must be completed to use this product.
Please speak with your Business Development Manager for more details.