What Are The Financial Process – Basic Steps?
The Basic Steps of the Financial Process are:
- Obtain quote for equipment from qualified vendor
- Credit process (submission of credit application and financial information)
- Legal contract specific to transaction issued
- Lessee executes contract and returns to Sparta with any additional items required
- Sparta obtains vendor invoices and MSOs (where applicable), and verifies insurance coverage
- At equipment delivery, lessee ‘accepts’ equipment and authorizes Sparta to pay vendor on their behalf
- Lessee makes payments directly to Sparta or its assigns in accordance with payment schedule through contract maturity
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The Basic Steps of the Financial Process are:
Obtain quote for equipment from qualified vendor
Credit...
For a detailed quote, please call Sparta Commercial Services, Inc. on our toll-free line: +1 (800)...