Home > Applying for Financing > Understanding First Invoice > Fees and Charges on Your First Invoice FAQs > Why was I charged an application or administration fee?

Why was I charged an application or administration fee?

PEAC Solutions does not charge an application fee. We may charge a fee to compensate us for processing the documents and reimburse us for the fees incurred with filing UCC-1 financing statements. When applicable by law, taxes may be applied to this fee.

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Why was I charged a tax administration fee?

Many local jurisdictions assess an annual tax on tangible personal property. The lessor, as the owne...

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Why was I charged sales tax on property tax?

Under the terms of the lease, a lessee is reimbursing PEAC Solutions for property taxes paid on the ...

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Why was I charged interim rent?

After we confirm that the equipment has been delivered and we’ve received all of the required docu...

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