I am looking at Section 3952 and 3955 of the SCRA and seeking clarification as to whether there is applicability to business equipment leasing (examples: automotive repair equipment; construction equipment; etc.) and business vendor financing. Would a business owner be able to terminate a lease early if active duty? Would a servicemember be able to receive protections if a principal or guarantor of vendor financing? All guidance I have read speaks to automobile lease termination and residential lease protections.

Thank you.

The servicemember is protected under the SCRA for all obligation they are directly or indirectly obligated on regardless if it is a business and personal obligation.

You should consult the bank's attorney.

Thank you Dan.