Accepting pricing and requesting a contract

Accepting pricing is the point at which a valuation becomes a contract request. You choose how long the cover runs and how you want to pay, and Barkr prepares an agreement.

Accepting

1. Open the submission — it will be Ready, with a banner across the top.
2. Click Accept on that banner.
3. Complete the form (each field is explained below).
4. Review and submit.

The form

Contract Term

How long the cover runs. The options are 3, 6, 9 and 12 months, and 2 through 5 years.

Choose the one that matches your loan. Barkr’s contracts are built to sit alongside a loan’s own timeline, so a term that ends before the loan does leaves an uncovered tail.

Multi-year terms are only available on depreciating asset classes. Everything else is capped at 12 months, and the portal will say so: Contract term for this asset type cannot exceed 12 months. See GPUs and depreciating assets.

Payment Plan

Pay in Full, Quarterly, or Monthly.

One exception: server-level pricing is collected upfront, so those contracts must be Pay in Full. The portal locks the field and explains why rather than letting you choose and then rejecting it.

Start Date

When cover begins. It cannot be in the past — Start date cannot be in the past. If you need cover backdated, that is a conversation with Barkr rather than something the form will do.

End Date

Calculated from the start date and the term, and adjustable within that window. It has to be after the start date and cannot exceed the term you chose.

Notes

Optional, and the right place for anything the form has no field for. Two things worth putting here:

• A preferred payment frequency, if it differs from the plan above.
• Additional sale platforms you would want included in Barkr’s approved platform list.

Marketplaces have to be approved before the contract is signed. If you intend to sell through a platform Barkr has not already approved, raise it now — after signing is too late.

What happens next

You will see Request Submitted!, confirming Barkr has received your acceptance and is reviewing the details. An email follows.

While Barkr prepares the agreement, the submission shows a Contract Being Prepared banner with how long ago you accepted. Nothing is needed from you during this period — the signing link arrives by email when it is ready. Allow a few business days.

Then go to Signing your contract.

Accepting an amendment

If the submission is an amendment to a contract you already hold — assets being added or removed — the banner offers Accept and Reject instead, and there is no term or payment plan to choose. Those are set by the contract being amended.

Accepting folds the assets into the existing contract and adjusts the totals. Rejecting leaves the contract exactly as it was. Either way you can see what happened in the amendment timeline on the contract. See Adding or removing assets.