Equipment buyer
Equipment finance agreement basics
An equipment finance agreement, often shortened to EFA, is a commercial financing contract connected to equipment. It may combine financing, payment, security-interest, and other obligations in one agreement.
Use your agreement for the controlling answer
- Confirm the financed equipment, amount, payment schedule, and authorized signer.
- Review ownership, security interest, early payoff, default, and end-of-term language in full.
- Ask LeasePoint about an error or unclear term before signing.
- Consult qualified legal, tax, or accounting advisers for advice specific to your business.
Use the secure experience for your actual information
This article provides general guidance. Your actual application, option, agreement, requirements, payment obligations, and account status may differ. Signed documents and secure account information control.
Need an account-specific answer?
Contact the right LeasePoint team
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