How does the return allowance work?
The return allowance enables your company to terminate orders early in certain cases without having to fully cover the remaining rental payments. This is particularly relevant when employees leave the company or when rented equipment is no longer needed before the end of the contract term.
How does the return allowance work?
The return allowance is a monetary amount available to your company that can be used for early returns.
When you request to terminate an order early, the platform automatically checks whether sufficient return allowance is available. If so, the return can be processed using this allowance.
Where can I see my return allowance?
Your current return allowance is displayed directly in the platform under:
Dashboard → Return Allowance
It is also visible in the “Terminate Order” section.
Please note:
Clicking on “Terminate Order” does not immediately finalize the termination. It first opens a selection of the available options.
When is the return allowance used?
The return allowance can be used when:
- an order is to be terminated early
- the rented equipment is no longer needed
- sufficient return allowance is available
What happens if the return allowance is insufficient?
If there is not enough return allowance available, other options may be offered depending on the situation, such as:
- a buyout option for employees
- covering the remaining payments
- transferring the equipment to another person within the company
Is the return allowance managed as a fixed amount?
Yes. The return allowance is managed as a monetary amount in euros and can be used until it is fully exhausted.
Good to know
- The return allowance applies to early returns only
- It is displayed directly within the platform
- Available options may vary depending on the specific order
- Details on how the return allowance is calculated can be found at:
https://(YourCompany).onyo.io/legal/marketplace_terms