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Does the customer take possession of the equipment at the end of the contract?

April 26, 2017contract customer equipment possession

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Does the customer take possession of the equipment at the end of the contract?

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Yes, 90% of the customers who engage in a contract with SMF want to own the equipment at the end of the lease term. A lease is considered a sale by law and is not considered a loan. If a customer does not want to own the equipment at the end of the contract we can fulfill their needs with the appropriate contract.