Frequently asked questions About Equipment Leasing

The representative your originally dealt with can assist with this or you can use the Apply Now link on our website which we will have linked to your account. You may also email customerservice@jocovafinancial.com.

Simply provide your intent in writing on a company letterhead and email it to our customer service team at customerservice@jocovafinancial.com or fax to 1.888.546.5152. It is important that you track when your purchase option is due and notify in the correct time period allocated.

The representative your originally dealt with can assist with this or you can use the Apply Now link on our website which we will have linked to your account. You may also email customerservice@jocovafinancial.com.

Yes, at any point throughout your lease you may trade-in the equipment to the dealer for a credit and upgrade to different piece of equipment back on lease.

All warranties and user license use are passed to you, the client.

As per the terms of the equipment lease, the equipment must be insured at all times to cover possible loss. If insurance confirmation has yet to be received and in order to ensure you have proper coverage in place from the date the lease starts, you have opted to enrolled with our insurance partner. If you choose to have your leased equipment covered under your own policy, please provide insurance confirmation details within 30 days of lease start. To obtain an easy to use insurance confirmation form, please email customerservice@jocovafinancial.com. If you decide to use the insurance confirmation provided you may do so by taking no action. You may also change at anytime by providing current confirmation of insurance.

Yes, let us know as soon as possible and we may be able to defer your payment to help accommodate your situation.

Simply provide your intent in writing on a company letterhead and email it to our customer service team at customerservice@jocovafinancial.com or fax to 1.888.546.5152. It is important that you track when your purchase option is due and notify in the correct time period allocated.

Yes, you can work as many suppliers as required to obtain the equipment you need.

Yes, simply contact us at application@jocovafinancial.com or use our Apply Now link and we can work with you on getting pre-approved for the equipment you need for your business.

An equipment lease is not a loan but a rental stream. The payments consist of both principal repayment and interest based on equipment lease rate factors. Your lease rate factor can be established by multiplying the monthly payment by 1000 and then dividing it by the equipment cost.

1. Payments may be increased because you have automatically opted to be enrolled in our asset protection insurance plan because we have not received confirmation of insurance coverage otherwise. 2. Changes in law or taxation such as provincial, state, or federal sales taxes may have an impact on your monthly payment amounts.

Almost any type of equipment a business can use can be leased. Visit or industries and asset page for more information about equipment that can be leased.

Simply contact us with a copy of your new void cheque and lease number or legal business name. You can fax this to 1.888.546.5152 or email a scanned copy to customerservice@jocova.com.

Lease contracts are considered non-cancelable. However, at any time during the lease contract you may buy-out for balance of payments. You may also replace or upgrade the equipment with a new lease at any time.

The equipment title is held in the lessor's name until the lease agreement has been fulfilled. Once the lease has been fullfilled, the title will be transferred.

If your question has not been answered, please email us at customerservice@jocovafinancial.com

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