FAQ

Invoicing

Invoices are issued on the 18th of each month.
Invoices are issued for the current month’s usage. Example: An invoice issued on June 18th covers usage for the month of June.
Invoicing starts from the moment the asset is handed over, and the invoice is calculated proportionally based on the number of days. Therefore, if the asset was received after the 1st of the month, the current month’s invoice will be smaller than the full monthly payment.
Invoicing starts from the moment the asset is received, and the invoice is calculated proportionally based on the number of days. If the asset is received after the 15th of the month, the invoice will include the usage for that month combined with the invoice for the following month.
Yes, it is mandatory. Each contract has a unique reference number. If the reference number is not included during the payment, the payment will be automatically declined by the bank.
Unfortunately, no. Each contract has a unique reference number.

Contract

The contract period consists of a transition period followed by the rental period, as agreed in the contract. The transition period begins when the asset is received and lasts until the end of the quarter in which the asset was received. After that, the rental period begins. Contract period = Transition period + Rental period
The contract end date is specified in the rental agreement or if a handover-acceptance document has been signed for the asset, the end date of the contract is determined in that document. All contracts terminate four times a year at the end of a quarter (March 31, June 30, September 30, December 31).
Issued, when seller cannot hand-over the asset immediately at the time of signing the rental agreement, meaning the asset is subject to delivery. The document records the asset’s delivery date and the end of the rental period.
Yes, it is possible, but we do not recommend it. Early termination is not economically beneficial, as you will be required to pay all remaining rental payments in full.
No need to worry. We will contact you one month before the contract ends and ask you if you wish to acquire the asset at the end of the contract or return it to us.

Insurance coverage

The asset is insured based on the type of equipment. Please contact us at teenusliising@teenusliising.ee, and we will provide details regarding the insurance terms of your contract.
Please email us at teenusliising@teenusliising.ee, and we will clarify the terms of your contract and provide further instructions.

Documents

Please email us at teenusliising@teenusliising.ee, and we will send you a copy of the signed contract.
A separate payment schedule is not provided. All key details, including the monthly payment amount, payment due date, and the contract end date, are mentioned in the contract itself or the handover-acceptance document, if applicable.