Document background
The Equipment Lease Purchase Agreement serves as a crucial financing instrument in Indonesian business operations, providing companies with the flexibility to acquire equipment through a lease-to-own arrangement. This document is particularly valuable when organizations need to manage cash flow while maintaining the option to eventually own the equipment. It is structured to comply with Indonesian civil law, financial regulations, and OJK requirements, making it suitable for both domestic and international businesses operating in Indonesia. The agreement typically includes detailed provisions for equipment identification, payment structures, maintenance responsibilities, insurance requirements, and specific terms for exercising the purchase option. This type of agreement is commonly used for high-value equipment acquisitions where immediate purchase might not be financially optimal or when companies want to test equipment before committing to ownership.
