iLeasePro: Simplifying FASB ASC 842 Lease Accounting

Understanding Our Payment Terms

iLease Management LLC Payment, Refunds, Plan Upgrading and Downgrading Terms and Conditions

Important Legal Notice

The information below represents our general subscription terms and conditions. However, any executed agreement, contract, or master service agreement between your organization and iLease Management LLC will supersede these general terms. For enterprise customers or those with signed agreements, please refer to your specific contract terms for binding payment, refund, and cancellation policies.

Payment Requirements

Valid credit cards are required for all iLeaseXpress paid plans. Free accounts are exempted.
Upgrading from a free to a paid plan triggers immediate billing.
iLeasePro plans can be billed via credit card, ACH or invoice, based on agreed terms.

Refund Terms

Upon choosing a paid subscription, you'll be billed instantly, and payments are non-refundable.
No credits or refunds will be provided for partial service months, changes in plan, or unused service durations.
Refunds are not provided except as required by applicable law or payment processor policies.

Plan Modifications

Plan upgrades: Immediate access, prorated billing for current cycle
Plan downgrades: Take effect at next billing cycle, no prorated refunds
Adjusting or ending your service might result in content or feature loss.
iLease Management LLC isn't liable for these losses.

Additional Fees

Fees don't include taxes, levies, or duties except U.S. income taxes. Applicable taxes will be calculated and added at checkout based on your billing location.

Cancellation & Account Management

How to manage your subscription, cancel your account, and what to expect during the process

How to Cancel

Email support@ileasepro.com with "Cancel Subscription" in subject

Billing Cycles

Monthly plans: Billed every 30 days from signup date
Annual plans: Billed every 365 days from signup date
Billing occurs at 12:00 AM UTC on your billing date
Email reminders sent 7 days before renewal

Data After Cancellation

Export your data before cancellation (recommended)
Account remains accessible for 30 days after cancellation
Data permanently deleted after 30-day grace period
Legal and financial records retained per compliance requirements

Failed Payment Policy

Automatic retry attempts: Days 3, 7, and 14
Email notifications sent for each failed attempt
Account suspended after 14 days of failed payments
Reactivation available within 30 days with payment

Important Reminders

Key points to remember about our billing and refund policies

No Refunds Policy

All payments are final and non-refundable. Please review your plan selection carefully before subscribing.

Immediate Billing

Upgrades to paid plans trigger immediate billing. Your subscription begins right away.

Policy Updates

iLease Management LLC reserves the right to modify these policies at any time. Review periodically for changes.

Dispute Resolution & Customer Protection

How we handle billing disputes, chargebacks, and customer concerns

First Contact Support

Contact support@ileasepro.com within 30 days for any billing concerns. We'll work to resolve issues promptly and fairly.

Chargeback Protection

We comply with all payment processor chargeback processes and applicable consumer protection laws.

Legal Compliance

All policies comply with applicable state and federal regulations, including consumer protection laws.

Payment & Refund Policy