Equipment financing: End or cancellation of a lease

What are my options at the end of my lease term? 

 

You have four options: 

 

• Purchase the equipment at its current fair market value or your stated purchase option. 
• Continue to lease at the original lease rate. 
• Terminate your lease and return the equipment to National Bank Equipment Finance. 
• Trade up the equipment for new equipment (on approved credit). 

 

Can I cancel the lease? 

 

While lease contracts are non-cancellable, you can replace the equipment or upgrade your equipment with a new lease at any time.   

 

Where can I return my equipment? 

 

If your lease is at expiry, please contact Customer Service at 1-888-599-1966 to arrange the return of your equipment. 

 

Will I be notified when my lease expires? 

 

Yes. We'll send you a letter with your options approximately 60 days before the lease expires.