As a lessee, you are granted the right to use the equipment, provided that you will keep your end of the bargain.
In the application process, we will determine whether we believe you are likely to make all your payments in time, will use the equipment properly, will have qualified operators, will ensure proper and timely maintenance and repairs, and comply with all the conditions of the lease. We will ask you for your financial information, we will analyze the soundness of your business, and the outlook for the market(s) you serve. And we will speak with your customers and suppliers, and might do a background check.
As with any contract, we, as the lessor, and you, our customer, as a lessee, have rights and obligations.
In summary, [...]