Financing

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of money.

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Helpful Terms to Know

Start-up Fee

A one-time sum to get started. With us, it is typically 400 DKK.

Monthly Payment

The amount you pay each month.

Duration

How long you pay – usually between 12 and 36 months.

Annual Costs

The total amount you pay to spread your payment.

Residual Value

The final payment when everything is paid off. With us, it is only 100 DKK.

Credit Approval

A quick check to ensure the agreement suits your finances.

Frequently Asked Questions

What is the difference between financing, installment payment, and leasing? +

There are minor accounting differences, but nothing you will notice in everyday life.

How do I actually commit myself? +

You commit to the contract period, which is typically 36 months. You can certainly agree on a period between 12 and 48 months.

Is there a minimum price for financing? +

You can finance from 6,000 DKK excluding VAT, and it makes good sense for amounts over 10,000 DKK.

Is it dangerous to owe money? +

No. The alternative is to pay for them at the bank or wait until you have saved up. With financing, you can get your favourite furniture right away.

What does a credit approval mean? +

This means that our leasing partner must assess you and your shop as creditworthy. It requires a positive credit approval to finance your furniture. In common terms, this means they look at whether your finances can support the agreement you are about to enter into.

Are my furniture insured? +

If your own insurance does not cover financed furniture, the leasing company will cover it. If your insurance does cover it, you save a small amount. Insurance is mainly used in case of fire or theft.

Is there a warranty on my furniture? +

Yes. The warranty on the individual products covers technical and mechanical faults. Just Add People always provides at least 2 years' warranty.

Can I read more somewhere? +

Yes, you can read the legal document here.

Are there product types I cannot finance? +

Yes, consumables such as scissors, combs, cotton wool, and shampoo.

Can I cancel an agreement? +

Yes, you certainly can. For example, if you have 10 months left on your financing agreement and you pay 680kr. per month, you must pay 6,800kr + 100kr residual value.