In every new leasing plan, the client pays a reimbursable guarantee deposit that is equal to 2 monthly payments.
We use the guarantee deposit to cover the equipment repair cost in case of damage during the leasing period. For the first repair, finloup’s f-insurance program covers any extra cost.
The guarantee deposit is fully reimbursed when you return the equipment in excellent condition. If you return the equipment earlier than 12 months from the beginning of the leasing plan, the guarantee deposit is not reimbursed.
If the equipment is not in excellent condition when you return it and has been damaged beyond normal use, we use the guarantee deposit to cover the repair cost.