100% Protection for Equipment Buyers & Verified Vendors
Your down payment and lease funds are securely held in escrow until equipment is delivered, inspected, and verified on-site.
How GetEquip Escrow Works
A transparent, step-by-step vector process ensuring your money is never disbursed until you inspect your asset.
Secure Buyer Deposit
When your lease financing application is approved, your down payment is safely deposited into the GetEquip Central Escrow Account managed by licensed financial partners.
Merchant Logistics & GPS Setup
The certified equipment vendor is notified to prepare the asset, install real-time IoT GPS tracking, and arrange insured transport directly to your site.
On-Site Physical Inspection
Upon delivery, you have a 24-hour physical inspection window to verify equipment condition, mileage, generator hours, or solar inverter output.
Escrow Settlement & Repayment Start
Once you sign off on inspection digital sign-off, escrow releases payment to the vendor. Your automated Paystack lease repayment schedule officially starts.
Escrow Security & Policies
100% Money-Back Escrow Guarantee
If the delivered equipment does not match the verified listing specifications or fails physical inspection, escrow funds are returned to your wallet in full.
Multi-Factor Fraud Prevention
Vendors must undergo strict corporate CAC background checks and physical yard inspections before receiving escrow disbursements.
Automated Dispute Resolution
Our dedicated asset arbitration team resolves any delivery discrepancies within 48 business hours using clear photo, video, and GPS telemetry evidence.
Transparent Auto-Debit Safeguards
Monthly lease repayments are locked to your agreed schedule with clear Paystack auto-debit receipts and zero hidden charges.
Escrow Questions Answered
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