6-Step Secure Transaction Process
For the safety and security of all parties, JP Equipment LLC conducts all transactions through a secure bank escrow system. This process ensures protection for both the buyer and the seller throughout the transaction. The buyer deposits funds into the escrow account, where they are held until the buyer completes their final inspection and testing of the equipment. If the buyer is satisfied with the equipment, the funds are released to the seller.
If the buyer rejects the equipment for any reason, a full refund will be issued within 24 hours. This system guarantees a secure and reliable transaction process.
Step 1
To begin the purchase process through Escrow, select the machine you’d like to buy and click the “Buy It Now” button.
From there, you’ll be able to register with us and proceed with the transaction. We will guide you through the next steps and assist with the required documentation to complete the purchase.
Important Notice:
Your identification documents are collected solely for verification purposes and to comply with U.S. regulations. This process is in accordance with measures to prevent, detect, and prosecute money laundering and the financing of terrorism.
Step 2
JP Equipment LLC conducts a thorough final verification process through our authorized legal and inspection departments to assess the condition of the equipment.
During this phase, the equipment undergoes inspection to ensure compliance with U.S. safety standards. Our legal team will review the equipment’s registration documents to confirm there are no outstanding financial obligations, liens, or debts, ensuring the equipment is clear for registration in the destination country.
The equipment will only be delivered to the buyer once it successfully passes both the mechanical and legal verification stages. If it fails to meet the necessary requirements, the equipment will remain in our storage.
Below is a list of some of the key safety checks performed during this process:
Visual Inspection
Exterior Condition
Fluid Leaks
Tires/Tracks
Lights & Indicators
Frame Integrity
Suspension & Shock Absorbers
Tracks/Undercarriage Components
Axles & Bearings
Operational Check
Startup Test
Controls & Functions
Sound Check
Movement & Mobility
Battery Condition
Wiring
Electrical Components
Seat Belts & Restraints
Engine and Powertrain
Engine Performance
Cooling System
Transmission & Gearbox
Fluid Levels
- Hydraulic Leaks
Hydraulic Functionality
Pump Pressure
Documentation & Legal Checks
Ownership/Registration
Inspection Certifications
Compliance with Safety Standards
Step 3
Upon receiving the sales contract, the buyer will be provided with detailed instructions on the payment process, including the total price of the equipment. The buyer is then required to submit proof of payment (e.g., wire transfer receipt). All funds will be securely held in our escrow account and will not be released without the buyer’s explicit approval.
To ensure a timely transaction, payment must be completed via a bank-to-bank priority wire transfer to JP Equipment LLC within 12 hours of receiving the sales contract.
The funds will remain in our designated escrow trust account until the transaction is either completed or canceled. Under no circumstances will the funds be released to the seller until the buyer has officially accepted the equipment.
Finalizing Your Transaction: Buyer’s Decision & Ownership Transfer
After the 5-day inspection period, make your decision to proceed with the purchase or opt for a refund. Our team ensures a smooth transfer of ownership or prompt return of the equipment.
Step 4
Once all preliminary steps are completed, JP Equipment LLC will arrange delivery to the buyer’s specified address.
To enhance your experience, we provide GPS tracking for real-time monitoring of your equipment during transit. Our fully insured carriers offer comprehensive transit insurance coverage up to $450,000.
We guarantee timely delivery, ensuring your equipment arrives as expected within the agreed timeframe.
Please note: Delivery will begin only after payment is confirmed in our escrow account by the bank.
Step 5
Upon delivery of the equipment, JP Equipment LLC offers a 5-day inspection period. During this time, the buyer can verify the equipment’s condition at an authorized service center. We also recommend consulting a lawyer to ensure smooth ownership transfer.
To assist, our team provides complimentary guidance and support throughout the process.
Step 6
After the 5-day inspection, the buyer must decide whether to proceed with the purchase:
If the buyer chooses to purchase, JP Equipment LLC will initiate the ownership transfer and legally register the equipment in the buyer’s name, while the funds remain securely in escrow.
If the buyer declines, the funds will be refunded, and arrangements will be made to return the equipment to the seller.
To complete the transaction, the buyer must notify JP Equipment LLC and give explicit consent for the release of payment to the seller.