METHOD AND APPARATUS FOR CONTROLLING RENTED OR LEASED OR LOANED EQUIPMENT

A method and apparatus relating to the renting, leasing and/or loaning of electronic equipment operable and/or controllable by a computer, wherein one entity not in physical possession and/or control of the equipment desires control over another entity which has physical possession and/or control of the equipment. Such equipment may comprise a washing machine, medical, office or industrial equipment, a vending machine, etc. A central computer system includes software which enables management and execution of financial transactions between the entities, such as debiting or crediting of accounts held by these or other entities, or creating an invoice for one entity to present to another entity. Information used in making these financial transactions can be determined by analysis of information which may be communicated to the central computer system from at least one other source. Such source may include the control system of the controlled equipment, e.g., from a vending machine or the computer system of an interested entity.