{"product_id":"pre-agreement-proposal-financial-lease-agreement","title":"Pre Agreement Quotation - Financial Lease - South Africa","description":"\u003ch2 style=\"text-align: center;\"\u003e\u003cstrong\u003ePre Agreement Quotation - Financial Lease - South Africa\u003c\/strong\u003e\u003c\/h2\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003eFor a Financial Lease Agreement\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003e(in terms of the NCA) \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSummary \u003c\/strong\u003eA lender that finances goods (such as computers, vehicles, equipment, office furniture etc) for people on a financial lease basis may use a Pre-Agreement Proposal together with their own financial lease agreement conditions. This Pre-Proposal Quotation has been drafted with the National Credit Act in mind.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhy would I need a Pre-Agreement Quotation? \u003c\/strong\u003eThe National Credit Act requires a lender to provide a borrower with a pre-agreement proposal before the credit agreement is entered into. This proposal is effectively a quotation that sets out the amount of the credit facility and the terms of the borrower’s repayment. A Pre-Agreement Quotation provides for the loan of goods that is repaid in rentals over a specific period, with regular payment obligations.\u003c\/p\u003e\n\u003cp\u003eThis document does not include the Financial Lease Agreement. We do offer a \u003ca href=\"https:\/\/agreementsonline.co.za\/agreements\/finance-agreement-financial-lease\/\"\u003eFinancial Lease Agreement \u003c\/a\u003ewith the Pre-Agreement Proposal included if required.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhat does the proposal say? \u003c\/strong\u003eThis template Pre-Agreement quotation covers the following issues: Description of goods; Finance details; Finance term; Rentals.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eHow long is the document? \u003c\/strong\u003eThe template can be printed onto three pages.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eWhat do you need to do to use the Pre-Agreement Proposal?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eRead the template document to ensure that it suits your requirements. Make changes as required.\u003c\/li\u003e\n\u003cli\u003eComplete the details as they pertain to the borrower.\u003c\/li\u003e\n\u003cli\u003eEnsure that the document is signed by both the financier and the borrower.\u003c\/li\u003e\n\u003cli\u003eEnsure that you also have the associated \u003ca href=\"https:\/\/agreementsonline.co.za\/agreements\/finance-agreement-financial-lease\/\"\u003eFinancial Lease Agreement\u003c\/a\u003e.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eBefore signing this document, the financier is advised to conduct a comprehensive financial and credit check on the borrower, and get the borrower to complete a separate application form for a credit facility.\u003c\/p\u003e\n\u003cp\u003eThis Pre-Agreement Quotation is intended for use in cases where the National Credit Act applies. While it has been drafted in accordance with our interpretation of the legislation, we recommend that you obtain independent advice before using any document required by the NCA. Agreements Online will not be liable for any damages you may suffer due to your non-compliance with any regulatory requirements.\u003c\/p\u003e\n\u003cp\u003eAlso known as: Pre-Agreement Quotation; Quotation\/Proposal in terms of NCA\u003c\/p\u003e\n\u003cp\u003eAlso viewed: \u003ca href=\"https:\/\/agreementsonline.co.za\/agreements\/finance-agreement-instalment-sale\/\"\u003eInstalment Sale Agreement\u003c\/a\u003e\u003c\/p\u003e\n\u003cp\u003e\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\u003c\/p\u003e\n","brand":"Agreements Online","offers":[{"title":"Default Title","offer_id":61657306529932,"sku":"AO-3347","price":405.88,"currency_code":"ZAR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0793\/0750\/5804\/files\/Residentail-Lease-agreement-1000-_C3_97-1000-px-2024-07-19T123021.961.jpg?v=1790553409","url":"https:\/\/agreementsonline.co.za\/products\/pre-agreement-proposal-financial-lease-agreement","provider":"Agreements Online","version":"1.0","type":"link"}