{"product_id":"financial-lease-agreement-non-nca","title":"Financial Lease Agreement Template - South Africa","description":"\u003ch2 style=\"text-align: center;\"\u003e\u003cstrong\u003eFinancial Lease Agreement Template - South Africa\u003c\/strong\u003e\u003c\/h2\u003e\n\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eNon-NCA\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cstrong\u003eSummary \u003c\/strong\u003eA lender that finances goods (such as vehicles, equipment, office furniture etc) for people on a financial rental basis may consider using this Financial Lease Agreement (non-NCA). Provision is made for ownership in the goods to pass to the lessee at the end of the rental period, if this is what the lender and borrower agree.\n\nNote: This Agreement is intended to be used in cases where the National Credit Act does \u003cu\u003enot\u003c\/u\u003e apply.\n\n\u003cstrong\u003eWhy would I need a Financial Lease Agreement? \u003c\/strong\u003eA Financial Lease Agreement may be used when a lender finances goods for someone else, on the basis that ownership in the goods may pass to the lessee at the end of the period. For example, computers, furniture, audio goods, vehicles etc. This contract provides for the payment of a rental over a specific term with regular payment obligations.\n\n\u003cstrong\u003eWhat does the Agreement say? \u003c\/strong\u003eThis Financial Lease covers: Duration; Rental, Fees and Rates; Early Settlement; Goods, Delivery and Ownership; Repairs and Maintenance; Damages and Insurance; Encumbrances; Breach and General.\n\n\u003cstrong\u003eHow long is the contract? \u003c\/strong\u003eThis template can be printed onto six pages.\n\n\u003cstrong\u003eWhat do you need to do to use this Financial Lease Agreement (non-NCA)?\u003c\/strong\u003e\n\n\u003cul\u003e\n\n \t\u003cli\u003eRead the template agreement to ensure that it suits your requirements. Make changes as required.\u003c\/li\u003e\n\n \t\u003cli\u003eComplete the relevant details in the Financial Lease contract.\u003c\/li\u003e\n\n \t\u003cli\u003eEnsure that the documents are signed by both the financier and the borrower.\u003c\/li\u003e\n\n\u003c\/ul\u003e\n\nBefore signing this agreement, the financier is advised to conduct a comprehensive credit check on the borrower, and get the borrower to complete a separate application form for a credit facility.\n\nThis Agreement is intended for use in cases where the National Credit Act does not apply. We recommend that you obtain specialist advice before using a Financial Lease Agreement.\n\nAlso known as: Finance Agreement; Lease Agreement; Financial Rental Agreement; Rent-to-Own Agreement\n\nAlso viewed: \u003ca href=\"http:\/\/agreementsonline.co.za\/agreements\/finance-agreement-financial-lease\/\"\u003eFinancial Lease Agreement\u003c\/a\u003e\n\n\u003cstrong\u003eThe Online Agreements Shop cc and its members, staff, legal advisers, partners and consultants, agents and any person associated therewith cannot be held liable for any loss or damage that is incurred or may be incurred by any person as a direct or indirect result of the use of this website or any document or information contained on or obtained from this website, nor as a result of anything that is contained in or left out of any document.\u003c\/strong\u003e","brand":"Agreements Online","offers":[{"title":"Default Title","offer_id":59164038922380,"sku":"AO-3344","price":1058.18,"currency_code":"ZAR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0793\/0750\/5804\/files\/financial-lease-agreement-non-nca_b3b9b33c-65c3-4aa8-8e2d-f56e2083ae4a.webp?v=1792133261","url":"https:\/\/agreementsonline.co.za\/products\/financial-lease-agreement-non-nca","provider":"Agreements Online","version":"1.0","type":"link"}