A private sale transaction is when the supplier/vendor of the equipment is not a registered dealer in that type of equipment.
When a private sale transaction is being completed, it is important to establish the identity that is selling the equipment (transferring title) to ensure you (the client) gains clear title. Proof of purchase of the equipment is normally requested together with a clear REVS check and release from any company mortgages. An inspection of equipment is required.
Products suitable: Finance Lease, Commercial Hire Purchase, Chattel Mortgage