Glossary of Terms
Spousal Consent
Depending on the state where you do business, we can’t accept your personal guarantee without your spouse’s signature.
Depending on the state where you do business, we can’t accept your personal guarantee without your spouse’s signature.
A $1 buyout lease finances the entire cost of the equipment with only a $1 residual value. When your...
Learn more →This fee covers Marlin’s cost of filing property tax renditions, corresponding with the taxing aut...
Learn more →Depending on credit and other factors, some customers are required to pay an upfront advanced rental...
Learn more →This is the regular monthly/quarterly/annual payment amount, according to your contract.
Learn more →Some vendors require partial or full payment prior to the delivery of the equipment, which Marlin ma...
Learn more →An equipment finance agreement is a loan for the full invoice amount. You own the equipment and you ...
Learn more →An equipment lease is an agreement in which Marlin purchases the equipment and the customer retains ...
Learn more →A Fair Market Value Lease is an equipment lease that offers the option to purchase the equipment end...
Learn more →Your lease contract may require you to have insurance that protects the equipment against all risks ...
Learn more →Interim rent is a partial payment that covers the time period between the day we verify you've recei...
Learn more →An installment payment agreement is a loan for the full invoice amount, used for the finance of soft...
Learn more →If we receive your payment after the due date on the invoice, you may be assessed a late charge. The...
Learn more →Marlin does not charge an application fee. We may charge a fee to compensate us for processing the d...
Learn more →Marlin does not charge an application fee. We may charge a fee to compensate us for processing the d...
Learn more →If your business does not have sufficient commercial credit, you can provide us with a personal guar...
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