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Procedures For Leasing

Leasing your new equipment through Westport is not significantly different from a regular purchase. You should find there are only a few extra steps. Here is an outline of our regular procedures:

  1. Determine the type of equipment you will need and choose a suitable supplier. Negotiate the selling price for the equipment just as you would for any regular purchase. If you are applying for pre-approval, you should provide a general equipment description and a close estimate of the anticipated equipment cost.

  2. Complete and submit a credit application. You can apply online or print a copy of an application form to complete and send to us by email.

  3. Westport will review your application and contact you if there are any questions or if additional information is needed. Upon approval we will contact you to confirm the final equipment description, selling price, lease term and structure.

  4. Westport will prepare and forward the lease agreement for you to sign. Lease documents are normally sent by e-mail.

  5. You complete the lease documents and email scanned copies back to us. We do a quick review to make sure everything is signed and completed correctly, and then provide instructions on returning the original signed copies.

  6. Upon receipt of the correctly completed scanned lease documents, Westport will contact your supplier and instruct them to invoice us for the new equipment. We normally recommend that they make any delivery arrangements with you directly so you will know when to expect your equipment.

  7. Once you have possession of your new equipment, we will phone or email you to confirm that everything is in order and that we can proceed with payment to your supplier. You will be asked to sign and return a Delivery and Acceptance form as written confirmation that you have received the goods.

  8. Westport will pay your supplier directly for the invoiced price of the leased equipment. The lease will commence and payments will start. Payments are normally made using convenient pre-authorized debits.

Special circumstances or situations may result in changes to these procedures. If you have any questions about the process for leasing new equipment, please contact us


 

Westport Leasing Corporation
11198 - 84th Avenue Box 33026
Delta, B.C. CANADA V4C 8E6

Phone: (604) 681-1260 | Toll Free: 1 (800) 667-0747
Fax: (604) 681-1680 | Toll Free Fax: 1 (800) 667-4426