What Happens During Credit Application?

1. Our reseller and/or Acer Computer sales representative will make a visit to you in order to understand your IT needs and provide a sales recommendation for your IT package (both product configuration and financing plan).
   
   
2. Upon confirmation of purchase by you, we will need you to submit to our Acer sales representative a Purchase Order indicating the product and leasing requirements.
   
   
3. Applicant (customer) to submit the following necessary documents to Acer Computer Singapore leasing representative :
   
   
   1. Audited financial statements for the last three financial years.
   2. 6 months' bank statements (latest)
   3. Security documents pertaining to bank credit facilities (if any)
   
   
4. Upon approval of credit application, you will be informed directly by Acer Computer Singapore leasing representative to arrange for signing of lease documents:
   
   
   1. Master lease agreement and;
   2. accompanying equipment schedule(s)
   3. Directors' Resolution/Minutes of Meeting (if applicable) to approve the financing and to authorize someone to sign on behalf of the company with regards to the leasing documents.
   
   
5. Upon acceptance of the equipment lease agreement, applicant to pay:
   
   
   1. Advance payment/security deposit (if applicable)
   2. Insurance premium : All risk policy (100% coverage on purchase price) and endorsed in the interests of Lessor.
   
   (Note : Minimum S$10,000 purchase to qualify for leasing arrangement)
   
   
6. Thereafter, our Acer sales representative and/or reseller will be informed to arrange delivery of the goods to you.
   
   
7. Within 14 days, we will send a copy of the equipment lease agreement and accompanying documents for your safekeeping.