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Home > Manage Your Account > Understanding Your Invoice > What are these charges on my invoice? > Contract Payment

Contract Payment

This is the regular monthly/quarterly/annual payment amount, according to your contract.

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$1 Buyout

A $1 buyout lease finances the entire cost of the equipment with only a $1 residual value. When your...

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Administration Fee

This fee covers Peac Solutions’ cost of filing property tax renditions, corresponding with the tax...

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Advanced Rental Fee

Depending on credit and other factors, some customers are required to pay an upfront advanced rental...

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Delivery and Acceptance

Some vendors require partial or full payment prior to the delivery of the equipment, which PEAC Solu...

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Equipment Finance Agreement

An equipment finance agreement is a loan for the full invoice amount. You own the equipment and you ...

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Equipment Lease

An equipment lease is an agreement in which PEAC Solutions purchases the equipment and the customer ...

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Fair Market Value Lease

A Fair Market Value Lease is an equipment lease that offers the option to purchase the equipment end...

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Insurance Fee

Your lease contract may require you to have insurance that protects the equipment against all risks ...

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Interim Rent

Interim rent is a partial payment that covers the time period between the day we verify you've recei...

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Installment Payment Agreement

An installment payment agreement is a loan for the full invoice amount, used for the finance of soft...

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Late Charge

If we receive your payment after the due date on the invoice, you may be assessed a late charge. The...

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One-time Documentation Fee

PEAC Solutions does not charge an application fee. We may charge a fee to compensate us for processi...

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Origination Fee

PEAC Solutions does not charge an application fee. We may charge a fee to compensate us for processi...

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Personal Guarantee

If your business does not have sufficient commercial credit, you can provide us with a personal guar...

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Power of Attorney

When purchasing a vehicle through us, there is a point in the process where you'll have to assign po...

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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.

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PEAC solutions

Large enough to finance the globe, small enough to personally support your business.

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.

 

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