What are my options at the end of my lease?
At the end of the lease term, you have four options:
- Return the equipment.
- Purchase the equipment at fair market value plus taxes.
- Continue to lease the equipment on a month-to-month basis for the same monthly payment
- Upgrade to new POS equipment and begin a new lease
Are leases cancelable?
All leases are Non-Cancelable, but in some cases may be assumable.
How do I make my payments to LADCO?
Monthly payments are electronically withdrawn from your checking account. Anytime your bank information changes, please contact
LADCO or use the Bank
Change Form to send new bank information.
Does the equipment I lease require insurance?
Yes, you are required to provide proof of insurance to protect the
leased equipment against loss or damage. If you do not provide the required insurance,
your account may be subject to additional monthly fees. To
provide your proof of insurance see the
Insurance Information
Form.
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