Equipment Finance

Invoice Finance

Product Cost versus Leasing Payment Total

When selecting your preferred Equipment, you should be given a full explanation of the costs and payment structure. Should you choose to hire the Equipment (a Lease) there will be an additional cost.

Assessing the cost of your Equipment

Revised 01/11/2022

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grenke have spoken to customers who have reviewed the cost of their Lease and believed the cost is too high for the Equipment. In these instances, there are often software, licence, installation or additional costs that have not been accounted for in the customer's calculation. However, it is very important that a customer ensures they understand the total cost of all of the components of their Equipment before they enter into an Agreement. 

 

We take additional steps to ensure the customer is aware of the Agreement they are entering into. These may include but are not limited to; a recorded customer satisfaction call, an internal documentation review, requiring an authorised signature across several stages of the Agreement and checks of the Equipment in situ with the customer.

 

In the instances where we have been made aware of any customers who believed their Equipment costs were not explained fully, we will contact the Supplier to ensure the customer's concerns are dealt with promptly.

 

Our Customer Care page, Customer Checklist and the Agreement are all there to support the start and entirety of the customer leasing journey. 

MORE SUPPORT ON KEY ISSUES

Your Hire Agreement Terms and Conditions

When entering into any contract or Agreement, it is essential to read and fully understand your Terms and Conditions. grenke's ambition is to offer a simple, transparent leasing journey, from the start. 

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grenke's ability to resolve issues

When customers approach us with issues, there may be limitations to the support in which we can provide. Our team have experienced a range of issues and in most cases can offer some guidance.

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Alleged Mis-selling

grenke run number of checks on each suppliers' business. Any supplier we work with must uphold our values; Simple, Transparent, Personal and Trusted. How can we support customers that have experienced mis-selling?

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The Relationship between Hirer, Equipment Supplier and grenke

All you need to know about the three parties involved in the sale, service and finance of the Equipment. A clear picture of who does what when it comes to your Equipment and your Lease.

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+44 1483 401 700

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