Fair Market Value Lease

$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

This fee covers Marlin’s cost of filing property tax renditions, corresponding with the taxing aut... Learn more →

Advanced Rental Fee

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

Contract Payment

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

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

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

Equipment Lease

An equipment lease is an agreement in which Marlin purchases the equipment and the customer retains ... Learn more →

Insurance Fee

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

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

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

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

Marlin does not charge an application fee. We may charge a fee to compensate us for processing the d... Learn more →

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

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

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 →

Glossary of Terms

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$1 Buyout

$1 Buyout

Administration Fee

Administration Fee

Advanced Rental Fee

Advanced Rental Fee

Contract Payment

Contract Payment

Delivery and Acceptance

Delivery and Acceptance

Equipment Finance Agreement

Equipment Finance Agreement

Equipment Lease

Equipment Lease

Insurance Fee

Insurance Fee

Interim Rent

Interim Rent

Installment Payment Agreement

Installment Payment Agreement

Late Charge

Late Charge

One-time Documentation Fee

One-time Documentation Fee

Origination Fee

Origination Fee

Personal Guarantee

Personal Guarantee

Power of Attorney

Power of Attorney