By Charlotte GAUCHON
2 April 2025
You've chosen equipment leasing to finance new equipment. That's an important step. Now it's essential that you fully understand the implications of the contract you are about to sign or have already signed. This document is more than just a formality; it defines a precise legal framework that sets out your responsibilities (those of the lessee, also known as the creditor) as well as your protections throughout the lease period. Ignoring or misinterpreting certain clauses can have significant consequences for your business. The aim of this article is to explain the fundamental points of this contract, focusing on your active role in putting it in place, your major obligations during its term, and the essential rights that protect you. Setting up the contract: your active role Contrary to popular belief, you are not simply a passive user of the contract...
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