Home > Manage Your Account > Understanding Your Invoice > What are these charges on my invoice? > Contract Payment Glossary of Terms Contract Payment This is the regular monthly/quarterly/annual payment amount, according to your contract. Still need help? Contact Marlin
$1 Buyout $1 Buyout A $1 buyout lease finances the entire cost of the equipment with only a $1 residual value. When your... Learn more →
Administration Fee Administration Fee This fee covers Marlin’s cost of filing property tax renditions, corresponding with the taxing aut... Learn more →
Advanced Rental Fee Advanced Rental Fee Depending on credit and other factors, some customers are required to pay an upfront advanced rental... Learn more →
Delivery and Acceptance Delivery and Acceptance Some vendors require partial or full payment prior to the delivery of the equipment, which Marlin ma... Learn more →
Equipment Finance Agreement Equipment Finance Agreement An equipment finance agreement is a loan for the full invoice amount. You own the equipment and you ... Learn more →
Equipment Lease Equipment Lease An equipment lease is an agreement in which Marlin purchases the equipment and the customer retains ... Learn more →
Fair Market Value Lease Fair Market Value Lease A Fair Market Value Lease is an equipment lease that offers the option to purchase the equipment end... Learn more →
Insurance Fee Insurance Fee Your lease contract may require you to have insurance that protects the equipment against all risks ... Learn more →
Interim Rent Interim Rent Interim rent is a partial payment that covers the time period between the day we verify you've recei... Learn more →
Installment Payment Agreement Installment Payment Agreement An installment payment agreement is a loan for the full invoice amount, used for the finance of soft... Learn more →
Late Charge Late Charge If we receive your payment after the due date on the invoice, you may be assessed a late charge. The... Learn more →
One-time Documentation Fee One-time Documentation Fee Marlin does not charge an application fee. We may charge a fee to compensate us for processing the d... Learn more →
Origination Fee Origination Fee Marlin does not charge an application fee. We may charge a fee to compensate us for processing the d... Learn more →
Personal Guarantee Personal Guarantee If your business does not have sufficient commercial credit, you can provide us with a personal guar... Learn more →
Power of Attorney Power of Attorney When purchasing a vehicle through us, there is a point in the process where you'll have to assign po... Learn more →