Key Steps To Completely Close Out Your Contract

Equipment Financing

There is no end of financing agreement process needed. You now own your equipment outright, so congratulations! If you wish, you may request a Paid-in-Full Letter via PEAC Connect.

Working Capital Loan

Refer to your final Working Capital payment for more information.

Equipment Lease

At the end of your equipment lease, you will either buyout (as per your contract terms) OR return the equipment as instructed. For more information about your End of Term process, read on.

Why do I have a payoff/balance due?
End of Term FAQs

You may have a balance due depending upon when you’re billed, receipt of your payment and any other open fees…

Why am I still being charged for a paid off lease or loan?
End of Term FAQs

Once we issue the Return Shipping Instructions, we advise in writing you may ignore the automatically generated invoices. Invoices still…

Why do I have to pay for damages?
End of Term FAQs

The equipment is to be returned in good working order per the terms of the agreement. The equipment is tested…

How do I return the equipment?
End of Term FAQs

After receiving your Letter of Intent, and your completed End of Term Form, we’ll review your account prior to the end…

What is an end of term letter?
End of Term FAQs

Once we receive your Letter of Intent, we respond with End of Term Letter and Form. The End of Term…

What is a letter of intent?
End of Term FAQs

Your Letter of Intent is the first step in the End of Term process. As per your contract terms, by…

What is the end of term process?
End of Term FAQs

The end of term process is for customers who lease equipment through PEAC Solutions. Upon receiving the proper written notice…

PEAC™ IS A TRADEMARK OF MARLIN LEASING CORPORATION®. ALL RIGHTS RESERVED.
Equipment Financing is provided by Marlin Leasing Corporation. Working Capital Loans are originated by WebBank.