Equipment Finance

Invoice Finance

This is a product of GRENKE LEASING Ltd.
Young businesswoman in modern office smiling while using a photocopier, highlighting equipment safety and lease responsibilities.

The Equipment & Supplier

From delivery to maintenance, understand how to look after your equipment, when to contact your supplier and when grenke can help.

Your equipment.

Everyone's responsibilities.

 

Once your equipment arrives, there are three parties involved: you, your supplier and grenke. We each have different responsibilities throughout your Hire Agreement. Knowing who looks after what makes it much easier to get the right help when you need it.

 

 

| Who does what?

Three parties, three different roles. Here's who is responsible for what during your agreement.

 

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You - the Hirer

Your Supplier

grenke

The equipment selection

Choose the equipment and supplier

Supplies the equipment

Purchases the equipment you've chosen

Equipment arrival

Check the equipment when it arrives

Delivers and installs it

Owns the equipment

The documents

Sign the Delivery Certificate when everything is correct

Explains the equipment and services supplied

Provides the Hire Agreement

Maintenance

Keep the equipment safe and in good condition

Provides maintenance/repairs where agreed

Collects your rental payments

Responsibilities

Tell us if the equipment moves location

Supports equipment/software where applicable

Manages your agreement and account

The end of the agreement

Arrange its return at the end of the agreement

Deals with equipment-related problems

Helps with agreement-related questions

| Your equipment journey

Your responsibilities change as your agreement progresses. Here's what to expect along the way.

 

| When your equipment arrives

Your Delivery Certificate is an important step – so don't rush it.

 

 

When your equipment arrives, check that everything you ordered has been delivered, that it's in good condition and that it's working as expected.

Only sign the Delivery Certificate once you've completed these checks. Your signed certificate confirms that you've accepted the equipment and allows grenke to pay your supplier. It also confirms the Delivery Date used to start your Hire Agreement.

| Looking after your equipment

The equipment belongs to grenke, but while you're hiring it, looking after it is your responsibility.

 

 

 

Keep it safe

Keep your equipment secure, in good condition and at the agreed location.

 

 

 

Damage or loss

If your equipment is lost, stolen or damaged, tell us as soon as possible and follow the relevant Equipment Protection or insurance process.

 

 

Moving equipment

Moving premises or need to relocate the equipment? Check with us before changing its location.

 

Repairs

If something stops working, contact your supplier. grenke provides the finance rather than maintaining or repairing the equipment.

 

 

| Maintenance, servicing & software

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Keeping everything working

Your supplier knows your equipment. They're your first stop when something needs attention.

 

Your supplier is responsible for the equipment and any maintenance, servicing or support they've agreed to provide. If maintenance charges are included with your rentals, grenke may collect those payments on behalf of your supplier – this doesn't mean grenke provides the maintenance service.

| Equipment problem or agreement problem?

We'll get you to the right place.

 

 

 

 

My equipment isn't working

→ Contact your supplier

 

I have a maintenance or servicing issue

→ Contact your supplier

 

My software or licence isn't working

→ Contact your supplier/service provider

 

| Frequently asked questions

Check that all the equipment you ordered has arrived, that it's the correct equipment, and that it's complete, undamaged and working properly. If anything isn't right, contact your supplier before signing the Delivery Certificate.

 

Only sign the Delivery Certificate once your equipment has been delivered, you've checked it carefully and you're satisfied it's complete and working correctly. Your signed certificate confirms you've accepted the equipment and allows grenke to pay your supplier. It also confirms the Delivery Date used to start your Hire Agreement.

 

 

Don't sign the Delivery Certificate until the issue has been resolved. Contact your supplier and explain what's wrong so they can arrange the appropriate next steps.

 

Contact your supplier if any equipment, accessories or other items you've ordered are missing. Don't sign the Delivery Certificate until you're satisfied that everything you agreed to receive has been delivered.

grenke owns the equipment throughout your Hire Agreement. You're hiring it from us for an agreed period rather than making payments towards owning it.

While the equipment is in your care, you're responsible for keeping it safe, secure and in good condition. Your supplier should deal with maintenance and repairs where these form part of the service they've agreed to provide.

 

 

Your equipment should remain at the agreed location shown for your Hire Agreement. If you're moving premises or need to relocate the equipment, contact grenke before moving it so we can advise you on what you need to do.

 

Contact us as soon as possible if your equipment is damaged, lost or stolen. Your equipment must be appropriately insured throughout your Hire Agreement, either through your own insurance or Equipment Protection arranged by grenke. We'll explain the next steps and how to make a claim where applicable.

Your supplier is the business you chose to provide your equipment. They may also be referred to as the reseller. grenke provides the finance for the equipment; we aren't the equipment supplier.

 

Your supplier should provide a full description of the equipment, along with information about any software, maintenance or additional services needed for it to work. They are also your first point of contact for equipment-related issues, including installation, maintenance and repairs where these have been agreed with them.

 

 

Contact your supplier first. They're responsible for supporting the equipment and arranging repairs or maintenance where applicable. If your question is about your Hire Agreement rather than the equipment itself, contact grenke.

 

It may be. Check your Hire Agreement to see whether maintenance charges are included. Maintenance is provided by your supplier, not grenke.

 

If you've agreed a maintenance service with your supplier, they may ask grenke to collect the charge on their behalf alongside your regular rental. This makes payment simpler, but the maintenance service remains your supplier's responsibility.

 

Contact your supplier or the company providing the software or licence. Some equipment relies on software, subscriptions or other services to operate, but these services are not provided by grenke unless specifically stated in your agreement.

 

Contact the supplier first to understand what's happened and whether the service can be restored. If you can't resolve the issue with them, contact grenke so we can understand the situation and explain what support we may be able to provide. A loss of service does not automatically end or suspend your Hire Agreement or rental payments.

Because grenke owns the leased equipment throughout your Hire Agreement. Your agreement therefore requires the equipment to be appropriately insured.

 

Yes. You can arrange suitable insurance yourself. You'll need to send us the required evidence within four weeks of your agreement starting.

 

 

Yes. You'll need to arrange suitable insurance and provide the required evidence to grenke. Your equipment must remain appropriately protected throughout the change.

 

Tell us as soon as possible and complete a Notification of Loss form. We'll then explain what information or action is required.

| Video guides

View our FAQs answered by our grenke team. 

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Sometimes it's easier to watch than read. Browse our short videos where our team explain the most common questions about your leasing journey.

| Who does what?

Three parties, three different roles. Here's who is responsible for what during your agreement.

 

Need help with your equipment?

If it's about the equipment, maintenance, software or servicing, your supplier should usually be your first point of contact.

 

If it's about your Hire Agreement, payments or your grenke account, we're here to help.

 

Before you go

Here are a few pointers to more help and support.