A true-up is when Peac Solutions reconciles the estimated taxes paid by the lessee to the actual tax billed by the tax jurisdiction. If the lessee overpaid the taxes, they will receive a credit, via check or credit to rental due. If the lessee underpaid, Peac Solutions will invoice the difference. This is a standard practice with leasing companies.
PEAC Solutions continues to expand our global footprint and cement the creation of a seamless multi-national entity.
We specialize in originating and servicing high-volume, small-ticket leases and loans with a variety of end users, as well providing innovative finance solutions to equipment manufacturers, distributors, dealers and vendors. From coast to coast and across the pond, PEAC is here for your business.
