Explore our finance support solution with
What grenke Offers
To support our partners, grenke has a dedicated portal that will allow partners to quick quote, submit and settle applications.
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2 years trading
Lease/rental rental agreement to be used for all kind of business assets
Flexible payment options from 12 - 60 months
No obligation, customer can choose to return, purchase or extend
Customer can choose to protect the equipment from theft and loss with “grenke protect“
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Perfect for customers that lease regularly
Set pre-approved amount for a period of 12 months, customer can draw down individually from there
MLA does not come with set-up fees and there is no obligation to pay until the first drawdown
Great for clients looking for a staged equipment rollout over a 12m period
grenke’s Leasing Payment Breakdown
One
Intallation
Monthly instalment payment
Fixed instalment payment for the entire contract term
Recurring costs - M/Q
Two
Fee for documentation
Processing fee for processing the contract for $150
Invoiced once at the beginning of the contract
One - off costs
Three
Utilisation/Pre - rental
Proportion of the instalment charged for the period between the delivery date and the first payment
Start of contract = 1st of the next month/quarter
One - off costs
Four
Insurance Protect
grenke protects for appliances
Customer provides insurance policy = no grenke protect insurance cover
Recurring costs - Annual
Dedicated Partner Portal
One
Quick Quote – 30 seconds
Quick quoting tool to run pricing
Takes seconds to run a quote
Fast, simple and intuitive process so you can spend more time with clients
Two
Lodge Application – 5 minutes
All we need to submit an app
ABN of your customer
Term (12 to 60 months)
Finance amount
Three
Approved - 30 Minutes
Approval has been granted and you can start talking about delivery
Contracts can be issued via DocuSign or PDF
Four
Settle – Same day
Deliver and install the equipment
Send confirmation of delivery and your invoice to grenke
We settle and pay your invoice on the same day.
Procedure: End of the leasing contract options:
Dealer buyback or return
The dealer can repurchase the assets at a fixed value ( fixed repurchase agreement)
The retailer can then upgrade the devices to the customer
The customer can also return the equipment back to grenke
The contract ends
Customer Purchase
The customer can buy back the items at 5% of the total invoice price
The contract ends, grenke transfers the ownership
Extension of leasing contract
If the items are not taken back by one or the other party of if the customer has not cancelled the contract in due time, the contract shall be extended.
Upon notice, contract will end.
